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$ 960,000
Est. payment /mo
New
2322 Garfield AVE Minneapolis, MN 55405
8 Beds
4 Baths
4,973 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,973 sqft
Price per Sqft $193
Subdivision Badger & Penneys 2Nd Add
MLS Listing ID 7062574
Bedrooms 8
Year Built 1912
Annual Tax Amount $15,002
Tax Year 2026
Contingent None
Lot Size 8,276 Sqft
Lot Dimensions 70.17 X 118.6
Property Sub-Type Fourplex
Property Description
An exceptional investment opportunity awaits with this impeccable brick four-plex situated in a perfect high demand area, close to Uptown, Downtown, and the Chain of Lakes. Each of the four existing units feature, sun-drenched layout designed to attract and retain high-quality tenants, boasting modern updates, along with classic details. The spacious units also feature a large living room and dining room with built-ins, as well as two large bedrooms and window wrapped sunrooms. Ample dedicated off-street parking is available for tenants in your large dedicated parking lot. Many recent improvements including windows, mechanicals and much more. There is even potential for finishing unused lower-level space for a possible 5th or 6th unit. A perfect balance of immediate cash flow with significant value-add potential. This building is walkable to many restaurants, shops and grocery stores as well as public transportation. Don't miss out on this great opportunity!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Unfinished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Paved Lot
Fence None
Roof Type Flat,Rubber
Building
Lot Description Corner Lot
Story Two
Foundation 4973
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Marcus DeLosReyes • Coldwell Banker Realty - Lakes