2017 Grand AVE S Active Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55405
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,654 sqft
Price per Sqft $119
Subdivision Badger & Penneys Add
MLS Listing ID 6698884
Style (MF) Four Plex
Bedrooms 8
Year Built 1904
Annual Tax Amount $9,306
Lot Size 8,276 Sqft
Property Description
Located in the highly desirable Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit building offers exceptional investment potential. Set on an extra-wide 64 ft lot, the property provides a mix of spacious living spaces, recent upgrades, and a prime location with strong rental demand. Ideal for investors seeking a low-maintenance property with long-term income potential.
Property Highlights:
Unit 1 & 2: Expansive 3-bedroom units featuring wood floors, cozy fireplaces, and recent updates. Unit 1 includes refinished floors, modern kitchen cabinets, updated tile floors, and beautiful granite countertops.
Unit 3 (Top Level): A large, 2-bedroom unit that boasts a private deck, gas fireplace, and luxurious vinyl flooring. The kitchen has also been updated with sleek granite countertops, making this space a perfect home for tenants seeking comfort and style.
Lower-Level Studio: This cozy studio apartment has its own egress and a utility room equipped with owned coin-operated laundry, adding extra convenience for residents.
Parking & Amenities: The property offers three garage stalls and ample off-street parking. Plus, a brand-new roof was installed in 2024, ensuring peace of mind and no major roofing expenses for years to come.
This building offers fantastic potential for steady rental income in a thriving area with excellent amenities, restaurants, and transit options nearby. With its spacious units, recent updates, and prime location in Uptown Minneapolis, this building represents an outstanding investment opportunity. The strong rental demand in this area ensures the property will remain a reliable source of income. Don't miss your chance to invest in this desirable, low-maintenance property!
Location
State MN
County Hennepin
Community Badger & Penneys Add
Interior
Heating Boiler,Radiator
Laundry Common Area,In Basement
Exterior
Parking Features Detached Garage,Driveway - Concrete
Garage Spaces 3.0
Roof Type Age 8 Years or Less
Building
Water City Water/Connected