Property Listing
Description
Discover a turnkey investment opportunity in the heart of Minneapolis! This well-maintained 4-unit building offers four spacious 1-bedroom, 1-bath apartments; all vacant after recent updates and ready for leasing. Units feature fresh paint, refinished hardwood floors, and updates including new cabinetry and appliances in some units. New roof in 2023 and separate gas and electric meters for all units. This property presents excellent cash flow potential with projected rents at $1,200-$1,400/mo. Additional highlights include four off-street parking spaces, a convenient location near downtown, highways, and transit, and plenty of value-add potential for investors looking to grow their portfolio.
Property Information
Status: Active
Sub Type: ********
List Price: $375,000
MLS#: 6815393
Current Price: $375,000
Address: 2925 2nd Avenue S, Minneapolis, MN 55408
City: Minneapolis
State: MN
Postal Code: 55408
Geo Lat: 44.949283
Geo Lon: -93.27379
Subdivision:
County: Hennepin
Property Description
Year Built: 1910
Lot Size SqFt: 5227.2
Gen Tax: 7226.76
Specials Inst: 369.67
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 4488
Style: Array
Total Bedrooms: 4
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: