$1,449,000

2641 Girard Avenue SMinneapolis, MN 55408

Type: Commercial

1910 Year Built

Description

Price Reduced - Fully leased with nearly an 8% Cap Rate! Several units were just renovated with new kitchens and baths. 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.

MLS ID: 6612328

Directions: Girard Avenue South just off Hennepin Avenue between W 26th Street and W 27th Street.

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Property Details

Essential Details

MLS #: 6612328

Listing courtesy of: RE/MAX Results

Price: $1,449,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial, Residential-Multi-Family

Current Use: Commercial, Residential

Total Units: 7

Tenant Pays: All Utilities

Parking Features: Paved, Open

Other Parking Spaces: 5

Building Details

Owner Occupied: No

Construction Materials: Brick/Stone

AccessibilityFeatures: None

Heating: Boiler

Style: Apartment, Low Rise

Year Built: 1910

Foundation Area: 2,700

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Utilities: Electric Separate, Heating Separate, Hot Water Separate

Lot Details

Complex/Dev/Sub Name: Kings Add

Lot Dimensions: 47x129

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 33

Survey Township: 29

Taxes

Tax Year: 2024

Tax Amount: $21,359

Assessment Pending: Unknown

Taxes w/Assessments: $21,359

This listing was last updated by RE/MAX Results on 11/19/2024 at 1:07 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/22/2024 1:05 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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