2641 Girard Avenue S, Minneapolis, MN

$1,680,000

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0.14

Acres

About 2641 Girard Avenue S

PREMIER SOUTH MINNEAPOLIS LOCATION JUST BLOCKS FROM THE LAKES! LARGE 1,315+ SQFT PULLMAN STYLE APARTMENTS WITH ALL THE CHARM OF 1910. ORIGINAL HARDWOOD FLOORS, LARGE BASEBOARD TRIM, BUILT-INS, & COVED CEILINGS. SIX OF THE SEVEN UNITS HAVE EXTRA SQUARE FOOTAGE W/ FRONT PORCHES HIGHLIGHTING THE EXPOSED BRICK. THE LOWER LEVEL GARDEN UNIT TAKES UP ROUGHLY 2/3’S OF THE FOUNDATION SIZE AND OFFERS THE RESIDENTS A VERY COOL UNIQUE HOME WITH THE PROPER EGRESS. THE CITY OF MINNEAPOLIS CERTIFICATE OF OCCUPANCY HAS IT AS A LEGAL LICENSED 7-UNIT. ALL BRICK EXTERIOR WITH STUCCO ON THE FRONT AND FIVE OFF-STREET PARKING SPACES FOR TENANTS. ALL UNITS HAVE BEEN UPDATED WITH NEWER GAS FIRED HOT WATER BOILERS SEPARATELY METERED FOR RESIDENTS TO PAY. CURRENTLY 6 OF THE 7 UNITS ARE RENTED WITH THE LAST UNIT LEFT OPEN FOR EASIER SHOWINGS. WOULD MAKE EITHER A GREAT CONDO CONVERSION OR TEAR DOWN AND BUILD A NEW DEVELOPMENT! CURRENT IN PLACE CAP RATE OF 7.53% **SELLER MAY FINANCE**

Features of 2641 Girard Avenue S

MLS® # 6336815
Price $1,680,000
Bathrooms 0.00
Acres 0.14
Year Built 1910
Type Commercial Sale
Sub-Type Apartment
Status Active

Community Information

Address 2641 Girard Avenue S
Area Lowry Hill East
Subdivision Kings Add
City Minneapolis
County Hennepin
State MN
Zip Code 55408

Amenities

Garages Asphalt
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Boiler, Hot Water
Cooling Window Unit(s)
Fireplace No

Exterior

Roof Age Over 8 Years, Flat
Construction Brick/Stone, Stucco

School Information

District Minneapolis

Additional Information

Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $21,998

Listing Details

OfficeApartment Cash Flow, Inc.

Listing Map

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