3115 Grand Avenue S, Minneapolis, 55408

Commercial Sale - Apartment For Sale in Motor Line Add


MLS® #: 6130512
Active, 11 Days on Market

Rare opportunity for a very profitable income producing building with several furnished units and total annual income/NOI higher than many buildings with twice the number of units. Nearly an 8 cap property. 5- 2 BR units and 7 - 1 BR units. Turnkey investment property operation with furnished units! Seller has made significant improvements and investments to the property in recent years.

Essential Information

MLS® #: 6130512
Price: $1,895,000
Bathrooms: 0.00
Acres: 0.26
Year Built: 1969
Type: Commercial Sale
Sub-Type: Apartment
Style: Apartment
Status: Active

Community Information

Address: 3115 Grand Avenue S
Area: Lyndale
Subdivision: Motor Line Add
City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408


Garages: Paved


Heating: Forced Air


Construction: Brick/Stone

School Information

District: Minneapolis

Additional Information

Days on Market: 11
Zoning: Residential-Multi-Family

Listing Details

Listing Office: Keller Williams Classic Realty

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Listing information last updated on December 6th, 2021 at 5:35am CST.