2641 Girard Avenue S Minneapolis, MN 55408

$1,525,000
Active
Apartment,Low Rise  |  MLS # 6498349
Active
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About The Listing

Price Reduced! Fully leased with a 7.7% 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.


Listing courtesy of Mark K Hulsey, RE/MAX Results
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1910
MLS #: 6498349
Garage Spaces: 0
Parking Description: Paved, Open
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Partially Finished
Construction Description: Brick/Stone
Days On Market (Continuous): 43
Disability Features: None
Latest Update: 04/16/2024
List Date: 03/04/2024
Listing Agent ID: 502019808
Listing Office: RE/MAX Results
Listing Office ID: 5057
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 47x129
Lot Size: 0.14 Acres
School District: Minneapolis
Tax Year: 2024
Estimated Taxes: $21,359
Contingency Type: None
City: Minneapolis
Zip: 55408
County: Hennepin
Subdivision: Kings Add
State: MN
Listing last updated: 04/16/24

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