2641 Girard AVE S, Minneapolis, MN 55408 - 6612328

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Jamie Albertsen

jamie@pedersonrealty.com +1(507) 581-7094

$1,499,000

Est. payment - /mo

6,098 Sqft Lot

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UPDATED:

10/04/2024 02:05 PM

Key Details

Property Type Condo, Commercial

Sub Type Apartment,Low Rise

Listing Status Active

Purchase Type For Sale

Subdivision Kings Add

MLS Listing ID 6612328

Year Built 1910

Annual Tax Amount $21,359

Tax Year 2024

Contingent None

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 47x129

Property 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.

Location

State MN

County Hennepin

Zoning Business/Commercial,Residential-Multi-Family

Rooms

Basement Partially Finished

Interior

Heating Boiler

Inclusions Building, Land, Leases

Fireplace No

Exterior

Garage Paved, Open

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Present Use Commercial,Residential

Parking Type Paved, Open

Building

Foundation 2700

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Minneapolis

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Listed by Mark Hulsey • RE/MAX Results

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Jamie Albertsen

+1(507) 581-7094