2545 Garfield Ave | Minneapolis, MN 55405
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- LoopNet Team
2545 Garfield Ave
Minneapolis, MN 55405
Modesto · Multifamily Property For Sale
·
26 Units
INVESTMENT HIGHLIGHTS
- Location – Tenants will be within two blocks of a major grocer, French Meadow Café and Bar, and other lively watering holes.
- Parking – Dedicated 10-space parking lot supplemented by ample street parking
- The 2545 building oozes with character.
- Additional Office – The additional office space is perfect for property management operations or potentially another unit.
- The smaller building at 2541 Garfield has been completely updated in a tasteful manner giving a nod to the vintage charm.
PROPERTY FACTS
| No. Units | 26 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 18,500 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 0.22/1,000 SF |
| Zoning | R5 | ||
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 18,500 SF |
| No. Stories | 3 |
| Year Built | 1923 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | R5 |
AMENITIES
UNIT AMENITIES
- Storage Space
- Heating
- Kitchen
- Hardwood Floors
- Vaulted Ceiling
- Oven
- Range
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 475 |
| 1+1 | 18 | - | 700 |
| 2+1 | 1 | - | 700 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,495,500 | |
| Land Assessment | $540,500 | Total Assessment | $3,036,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$540,500
Improvements Assessment
$2,495,500
Total Assessment
$3,036,000
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