2017 Grand Avenue S, Minneapolis, MN 55405

New - 42 Hours Ago

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Listed By

Agency Name: Bridge Realty, LLC
Agency Phone: 952-368-0021

Shown By

Agent Name: Mary Rooney
Agent Phone: (763) 229-1133
Agency Title: Counselor Realty

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Property Description

Prime Investment Opportunity in Whittier ? Uptown MinneapolisLocated in the highly sought-after Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit property presents an exceptional investment opportunity. Situated on an extra-wide 64-foot lot, the building combines spacious units, thoughtful updates, and a prime location known for strong and consistent rental demand?ideal for investors seeking reliable, long-term income.Property Highlights:Unit 1 & Unit 2:Two expansive 3-bedroom units featuring beautiful hardwood floors, cozy fireplaces, and tasteful updates throughout. Unit 1 has been recently enhanced with refinished floors, updated tile, modern cabinetry, and elegant granite countertops, offering both style and durability.Unit 3 (Top Floor):A bright and spacious 2-bedroom unit complete with a private deck, gas fireplace, and luxury vinyl flooring. The updated kitchen showcases sleek granite countertops, creating a modern and inviting living space that appeals to quality tenants.Lower-Level Studio:A well-designed studio apartment with its own egress, providing added safety and functionality. This unit also includes access to a utility room with owned coin-operated laundry, generating additional income potential.Parking & Improvements:The property includes three garage stalls along with ample off-street parking?a valuable amenity in this high-demand area. A brand-new roof installed in 2024 offers peace of mind and minimizes near-term capital expenses.Location & Investment Potential:Positioned in the heart of Uptown Minneapolis, residents enjoy close proximity to popular restaurants, shopping, parks, and convenient public transit. The Whittier neighborhood continues to attract renters, ensuring strong occupancy rates and stable cash flow.With its generous unit sizes, recent upgrades, and unbeatable location, this property stands out as a turnkey investment with excellent upside potential.Don't miss this rare opportunity to own a high-performing multi-family property in one of Minneapolis' most desirable rental markets. Schedule your showing today!

2017 Grand Avenue S | MLS# 7069318

This multi-family property located at 2017 Grand Avenue S, Minneapolis, MN 55405 is currently listed for sale with an asking price of $675,000. Grand Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on maryrooney.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Egress Window(s), Finished, Partially Finished, Shared Access, Single Tenant Access, Walkout
Basement: Yes
Garage: 3
Heating: Boiler, Radiator
Lot Size: 0.19 Acres
Roof Type: Age 8 Years or Less
Taxes: $9,655
Year Built: 1904

Feature Descriptions

Days on Site: 1
Foundation Size: 1544
Lot Dimensions: 64x129
Owners Expense: Gas, Insurance, Grounds Care, Repairs, Sewer, Taxes, Trash Collection, Water
Parcel#: 3402924220004
Parking: Detached Garage, Concrete
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Telephone
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 4,594.09 per month $3,592.63 Principal & Interest $804.58 Property Tax $196.88 Homeowner's Insurance

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