2000 Grand AveMinneapolis, MN 55405
- Apartment buildings
Property Details for 2000 Grand Ave
- Property type
- Apartment buildings
Description
This well-maintained, classic five-unit apartment building in Minneapolis, Minnesota, presents a compelling investment opportunity. The property, located at 2000 Grand Ave S, 55405, features four spacious two-bedroom units and one one-bedroom unit, all boasting large floor plans. A brand new roof was installed in April 2024, ensuring long-term structural integrity. Tenant amenities include ample storage, five designated parking spaces, and convenient on-site laundry facilities. The property also benefits from a generous backyard, providing tenants with valuable outdoor space. Situated in a high-rent-demand area of Minneapolis, this building offers strong current financials and significant potential for future rent growth. The existing layout allows for the implementation of RUBS (rent utility billing system) to further enhance profitability. This property is an excellent choice for investors seeking both immediate cash flow and value-add potential. The building's location in Hennepin County offers easy access to various amenities and transportation options.
Location Insight
- City
- Minneapolis
- County
- Hennepin
- State
- Minnesota
- Latitude
- 44.9626
- Longitude
- -93.2842
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].