$930,000
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3029 Garfield Avenue Minneapolis, MN 55408
Apartment
Residence
Beds
Baths
...
Bed/Bath
4,412
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
CONTRACT FOR DEED AVAILABLE! Fantastic investment opportunity to buy an apartment with seller-financing in the heart of Lyn-Lake! This fully renovated, fully occupied, six-unit building at 3029 Garfield offers modern, updated units with leases running through Summer of 2025. The unit mix consists of... 1 x studio, and 5 x one-bedrooms. Tenants enjoy the convenience of mobile-friendly laundry and eight dedicated parking spaces. The property generates over $7,300/month, which includes revenue from rent, parking, pet fees, RUBs, and laundry. A turnkey investment in one of Minneapolis’s most popular rental areas—this is an income-producing property you won’t want to miss! The property can be purchased on a contract for deed with the following terms: 25+% down, 5.0% interest, interest-only monthly payments, on a seven-year term.
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MLS#
6624634
Property Type
Apartment
Year Built
1960
Square Feet
4,412
sq. ft
Lot Size
0.14
Sewer
City Sewer
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