3115 Grand Avenue S Minneapolis, MN 55408

$1,895,000 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 11/24/2021
Status: Active

MLS #: 6130512

Apartment Sq. Feet: N/A
On Site: 6 Days Lot Size: 0.26 Acres
Neighborhood: See All Properties for Sale in Lyndale
DESCRIPTION
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Rare opportunity for a very profitable income producing building with several furnished units and total annual income/NOI higher than many buildings with twice the number of units. Nearly an 8 cap property. 5- 2 BR units and 7 - 1 BR units. Turnkey investment property operation with furnished units! Seller has made significant improvements and investments to the property in recent years.
FEATURES / AMENITIES
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.26 Acres
Lot Dimensions: 124x90
Parking Features: Paved
Utilities: Electric Separate, Hot Water Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Zoning: Residential-Multi-Family
Directions: 35W to Stinson Blvd, North on Stinson to Lowry, West on Lowry to property.
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Land, Leases
Tax Year: 2021
Tax Annual Amount: $22, 228
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Listing Information Last Updated 11/29/2021
© Copyright 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
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Property Summary

3115 Grand Avenue S
Minneapolis, MN 55408

MLS®: 6130512

List Price: $1,895,000

Description:

MLS® 6130512: This property at 3115 Grand Avenue S, Minneapolis, MN 55408 is located in the Lyndale subdivision and is listed for $1,895,000. MLS® 6130512 has been on the market for 5 days.