Discover a turnkey investment opportunity in the heart of Minneapolis! This well-maintained 4-unit building offers four spacious 1-bedroom, 1-bath apartments; all vacant after recent updates and ready for leasing. Units feature fresh paint, refinished hardwood floors, and updates including new cabinetry and appliances in some units. New roof in 2023 and separate gas and electric meters for all units. This property presents excellent cash flow potential with projected rents at $1,200-$1,400/mo. Additional highlights include four off-street parking spaces, a convenient location near downtown, highways, and transit, and plenty of value-add potential for investors looking to grow their portfolio.
Active
$375,000
2925 2nd Ave S, Minneapolis, MN 55408
4beds
4baths
4,488sqft
Est.:
Quadruplex
Built in 1910
-- sqft lot
$428,600 Zestimate®
$84/sqft
$-- HOA
What's special
Refinished hardwood floorsFour off-street parking spacesNew cabinetry and appliancesNew roofFresh paint
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