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2322 Garfield Avenue, Minneapolis, MN 55405

Status: Sold

4 units
4,973 sq ft

$935,000

WELCOME HOME

Get to know this property.

An exceptional investment opportunity awaits with this impeccable brick four-plex situated in a perfect high demand area, close to Uptown, Downtown, and the Chain of Lakes. Each of the four existing units feature, sun-drenched layout designed to attract and retain high-quality tenants, boasting modern updates, along with classic details. The spacious units also feature a large living room and dining room with built-ins, as well as two large bedrooms and window wrapped sunrooms. Ample dedicated off-street parking is available for tenants in your large dedicated parking lot. Many recent improvements including windows, mechanicals and much more. There is even potential for finishing unused lower-level space for a possible 5th or 6th unit.  A perfect balance of immediate cash flow with significant value-add potential. This building is walkable to many restaurants, shops and grocery stores as well as public transportation. Don’t miss out on this great opportunity!

The details that matter.

General Property Information for 2322 Garfield Avenue, Minneapolis, MN 55405 - MLS# 7062574
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
1
Size and Multi Family Residence
Year Built:
1912
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
2 Story
Total SqFt:
4,973
Total Fnsh'd SqFt:
4,973
Above Ground SqFt:
4,973
Finished Above Grade:
4,973
Below Ground SqFt:
0
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
4,973
Approx Lot Dimensions:
70.17 X 118.6
Approx Number of Acres:
0.19
Income and Expenses
Gross Income:
$97,800
Total Expenses:
$0

A closer look at the location.

Lyndale Ave to 24th St to Garfield Ave

This listing has been entered by the following office: Coldwell Banker Realty - Lakes

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 MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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