2641 Girard Ave S

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Address: 2641 Girard Ave S, Minneapolis, MN 55408, USA
Created date: July 9, 2024
Date last updated: October 3, 2024
  • Several units recently renovated
  • Huge 1,300 sf, 3+ Bedroom Units
  • 5 car parking lot in rear
  • Fully leased ~7.9% Cap Rate
  • ~10,800 sf total building size
  • Beautiful hardwood floors, 3 season porch, & brick

Property Description

Reduced Price - Fully leased with nearly an 8% Cap Rate! Several units were just renovated. Bring all offers to this 7-Unit Multifamily Building For Sale near the Lakes in South Minneapolis! Renovated & huge 3+ bedroom, 1,300+ square foot units. Beautiful hardwood floors, 3 season porches, exposed brick & great natural light throughout. Rear room off the kitchen could be a 4th bedroom, dining room, or office. One legal and large garden level unit. Total building size of about 10,800 square feet. Tenants pay all utilities and each unit has new separately metered high efficiency gas boilers for hot water baseboard heat. 5 off-street parking stalls for additional income. Contact Listing Brokers for tours and rent roll/expenses.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,499,000
No. of Units: 7
Year Built: 1910
Lot Size: 0.14 Sq ft
Opportunity Zone: No
Price per unit: $214,143
Property Website Click Here
Address: 2641 Girard Ave S, Minneapolis, MN 55408, USA
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