Does 1235 Yale Place, 1200 Nicollet Mall, and 1225 LaSalle Ave in Minneapolis, MN allow renting unit

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February 16 2011 - Downtown West
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Answers (3)

A quick check of MLS says:

1235 Yale - rentals not permitted

1200 Nicollet - currently has one active rental listing on MLS

1225 Lasalle - has had one rental in recent history.

As always, check with the association office for any restrictions as there may be a limit to the number of rentals in a building even if rentals are allowed.
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February 16 2011
Torrie is right on.  Check your condo documents if you already own one of these properties and be sure to check any amendments to the documents you may have received via mail while living there.  If you are considering buying one of these condos, you will have the opportunity to review the association documents prior to closing and window of time to cancel your purchase agreement based on what you learn.  If you wanted to be more proactive and save yourself some time, you might be able to ask the listing agent if they can let you know whether they are able to be rented prior to making an offer.  Hope this helps!
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February 16 2011
Tahlay- hello- I am a broker and the best way to find out the if renting is allowed in those area's is to call the county zoning office. If they are
condo's please review the Condo documents for each and covenant and restrictions for any exclusions to renting the units. Many such projects,
subdivisons, communitites have deed restrictions these days. CHECK before you buy - )
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February 16 2011
 

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