For Sale
$425,000

2504 17Th AveMinneapolis, MN 55404

Six-unit apartment building, fully occupied.

Overview

Added:
Feb 3
Days on market:
65
This exceptional investment opportunity presents a six-unit apartment building located at 2504 17th Avenue S in Minneapolis, Minnesota. The property boasts a total of 4,364 square feet and sits on a 0.15-acre lot. The building comprises four spacious two-bedroom units, each featuring a familiar and comfortable layout, ideal for tenants seeking ample living space. In addition, there are two one-bedroom units located on the lower level. Currently, the building enjoys 100% occupancy, generating consistent rental income. While the property is fully functional, it presents a compelling value-add opportunity for a discerning investor. Some repairs are needed, allowing a new owner to enhance the property's value through targeted improvements and upgrades. The asking price for this well-located Minneapolis multifamily property is $425,000. This represents a strong potential return on investment for those seeking a hands-on approach to property management and enhancement. The property's strong occupancy rate and existing rental income stream provide a solid foundation for future growth and profitability. This is a rare chance to acquire a well-situated multifamily property in a thriving Minneapolis neighborhood with significant upside potential. Serious inquiries are encouraged.

Property Details for 2504 17Th Ave

Property type
Apartment buildings
Square Feet
4,364 SF
Year Built
1924
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.95701
Longitude
-93.25023
2504 17Th Ave, Minneapolis, Minnesota

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2504 17Th Ave
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