1705 2nd St NE
- Turn-key multifamily property in the Bottineau neighborhood of Northeast Minneapolis
- Built in 2019 with modern units featuring 4 beds / 3 baths, open-concept layouts, and in-unit laundry
- Strong rental demand fueled by proximity to shops, breweries, restaurants, parks, and recreational amenities
- Well-sized lot in a vibrant, walkable neighborhood with easy access to downtown Minneapolis and major employment hubs
- Fully stabilized property providing consistent cash flow with minimal near-term capital needs
- Northeast Minneapolis is a growing submarket with strong tenant retention and premium rental rates
- Ideal for investors seeking a low-risk, high-demand rental asset in a high-growth market
Property Description
Spacious 4-bedroom layouts which are rare unit mixes anywhere in Minneapolis, new build with high end appliance finishes and top of the line construction, premium uptown location close to the lakes in a vibrant resurging area, premium finishes allowing for commanding rents and lighter maintenance burdens versus other buildings in the area, strong rental demand due to location and unit finishes make it a very desirable area to be in with history of 100% occupancy and very short lease up terms.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| No. of Units: | 2 |
| Year Built: | 2019 |
| Lot Size: | 0.11 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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