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 |
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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 |
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Area | Lowry Hill East |
Subdivision | Kings Add |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55408 |
Amenities
Garages | Asphalt |
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Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Range, Refrigerator |
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Heating | Boiler, Hot Water |
Cooling | Window Unit(s) |
Fireplace | No |
Exterior
Roof | Age Over 8 Years, Flat |
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Construction | Brick/Stone, Stucco |
School Information
District | Minneapolis |
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Additional Information
Zoning | Residential-Multi-Family |
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Foreclosure | No |
Short Sale | No |
Taxes | $21,998 |
Listing Details
Office | Apartment Cash Flow, Inc. |
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