2316 25th Avenue S, Minneapolis, MN 55406
Status: For Sale
$799,900
WELCOME HOME
Get to know this property.
Prime investment opportunity in Minneapolis' sought-after Seward neighborhood! This well-maintained 4-unit property offers an excellent combination of strong cash flow, quality updates, and long-term upside, featuring 10 bedrooms and approximately $86K+ in annual gross rental income. With a stated NOI of $57,090, the property offers an attractive approximately 7.14% cap rate. Tenants pay gas and electric, helping control operating expenses. Each unit features in-unit laundry, central air, and high-efficiency HVAC. Additional highlights include 6 off-street parking spaces, a strong unit mix, and stabilized rental income. Significant renovations completed in 2019 provide added peace of mind and reduce near-term capital needs. A compelling opportunity for investors seeking a turnkey multifamily asset in a desirable Minneapolis neighborhood.
The details that matter.
A closer look at the location.
Franklin ave to 26th ave s go north to 23rd st turn right follow to 25th ave turn left follow to property on your right
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