$930,000
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3029 Garfield Avenue Minneapolis, MN 55408
Apartment
Residence
Beds
Baths
4,412
Sq. Ft.
0.14
Acre
Lot
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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