2528 17th AVE S Minneapolis, MN 55404
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Gilpatricks Add
MLS Listing ID 7086019
Year Built 1963
Annual Tax Amount $11,660
Tax Year 2026
Contingent None
Lot Size 7,405 Sqft
Lot Dimensions 60x123
Property Description
Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one.
Ideal for investors looking to expand their portfolio or complete a 1031 exchange. Contact Listing Agent Miguel Lopez for additional information and private showings. Financials, T12, and rent roll available in MLS supplements.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Inclusions Building, Land, Leases, Rental License
Fireplace No
Exterior
Parking Features Asphalt, Parking Lot, Paved Lot, Open
Fence Chain Link, Full
Pool None
Utilities Available Electric Separate, Heating Common
Roof Type Age 8 Years or Less,Asphalt
Present Use Residential
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Three Or More
Foundation 4536
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
New Construction false
Schools
School District Minneapolis