Contacts

Hayden Hulsey, CCIM

RE/MAX Results Commercial

Property Details

Property Type Multi-Family
Property Size 10,800 SF
Units 7
Lot Size 0.14 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 5
Property Tenancy Multi-Tenant
Year Built 1910
Year Renovated 2024
Date Updated Nov 19, 2024

South Minneapolis location minutes from the Lakes off Hennepin & W 27th St.Reduced Price - Fully leased with nearly an 8% Cap Rate! Several units were just renovated. Bring all offers to this 7-Unit Multifamily Building For Sale near the Lakes in South Minneapolis! Renovated & huge 3+ bedroom, 1,300+ square foot units. Beautiful hardwood floors, 3 season porches, exposed brick & great natural light throughout. Rear room off the kitchen could be a 4th bedroom, dining room, or office. One legal and large garden level unit. Total building size of about 10,800 square feet. Tenants pay all utilities and each unit has new separately metered high efficiency gas boilers for hot water baseboard heat. 5 off-street parking stalls for additional income. Contact Listing Brokers for tours and rent roll/expenses.

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Highlights

Several units recently renovated
Huge 1,300 sf, 3+ Bedroom Units
5 car parking lot in rear
Fully leased ~7.9% Cap Rate
~10,800 sf total building size
Beautiful hardwood floors, 3 season porch, & brick

Attachments

Offering Memorandum 2641 Girard 11.19.2024 Compressed.pdf (PDF) opens in new window

Getting around

93/100
Walk Score ®
58/100
Transit Score ®
96/100
Bike Score ®

Powered by Walk Score ®

City Minneapolis, MN
Neighborhood Uptown Minneapolis
Zip Code 55408
Market Minneapolis St Paul

Points of Interest

West 21st Street

0.99 miles
Bryn Mawr

1.15 miles
Lakewood Cemetary Stop

1.32 miles
Bassett Creek Valley

1.40 miles
West Lake Street

1.43 miles
Cottage City Stop

1.69 miles
42nd St Depot

1.92 miles
Royalston

2.00 miles
Warehouse District/Hennepin Avenue

2.14 miles
Nicollet Mall

2.14 miles

Speedway

0.22 miles
Holiday

0.26 miles
Marathon

0.47 miles
minnoco

1.20 miles
BP

1.29 miles
Mobil

1.49 miles
Shell

1.57 miles
Tesla Supercharger

2.81 miles
ChargePoint

2.89 miles
Greenlots

3.53 miles

Seven Points Parking Ramp

0.46 miles
Leaning Tower Parking Lot

0.58 miles
Vineland Place Ramp

1.04 miles
MCAD Parking Lot C

1.11 miles
28th St Parking

1.25 miles
110 Grant Apartments Visitor Parking

1.37 miles
110 Grant Apartments Resident Parking

1.41 miles
Loring Parking Ramp

1.43 miles
Minneapolis Impound Lot

1.49 miles

Moxy Minneapolis Uptown

0.43 miles
300 Clifton

1.07 miles
Minneapolis International Hostel

1.08 miles
Millennium Hotel

1.49 miles
Hyatt Regency Minneapolis

1.49 miles
DoubleTree Suites by Hilton Hotel Minneapolis

1.65 miles
Hotel Ivy, a Luxury Collection Hotel, Minneapolis

1.67 miles
Holiday Inn Express Minneapolis Downtown Convention Center

1.69 miles
Hilton Garden Inn Minneapolis Downtown

1.72 miles
Hilton Minneapolis

1.73 miles

Kowalski's Uptown Market

0.27 miles
Cub Foods

0.33 miles
Lunds & Byerlys

0.40 miles
ALDI

0.44 miles
Seven Points

0.46 miles
Wedge Co-Op

0.67 miles
Good Grocer

0.91 miles
Shuang Hur Supermarket

0.91 miles
Truong Thanh Grocery Store

0.93 miles
Dai Loi Oriental Grocery, Inc.

0.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.