$ 799,900
-
$799,900
Price -
10
Bed -
4
Bath -
4,309
SqFt -
0.19
Acre
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About the Listing 40577 - 502017605,502043364
Prime investment opportunity in Minneapolis' sought-after Seward neighborhood! This well-maintained 4-unit property offers an excellent combination of strong cash flow, quality updates, and long-term upside, featuring 10 bedrooms and approximately $86K+ in annual gross rental income. With a stated NOI of $57,090, the property offers an attractive approximately 7.14% cap rate. Tenants pay gas and electric, helping control operating expenses. Each unit features in-unit laundry, central air, and high-efficiency HVAC. Additional highlights include 6 off-street parking spaces, a strong unit mix, and stabilized rental income. Significant renovations completed in 2019 provide added peace of mind and reduce near-term capital needs. A compelling opportunity for investors seeking a turnkey multifamily asset in a desirable Minneapolis neighborhood.
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4309
- Basement: Crawl Space,Unfinished
- Other:
- Water: City Water/Connected
Exterior Details
- Lot Description: Public Transit (w/in 6 blks),Tree Coverage - Light
- Garage Capacity: N/A
- Lot Dimensions: 47x179
- Zoning: Residential-Multi-Family
- Roof: Age 8 Years or Less,Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Gravel
Financial Details
- Tax Amount: $11,888
- Taxes w/Assessments: N/A
- Tax/Property ID: 3602924120107
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
2316 25th Ave S Minneapolis, MN 55406
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