3029 Garfield Ave S | Minneapolis, MN 55408
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- LoopNet Team
3029 Garfield Ave S
Minneapolis, MN 55408
3029 Garfield Ave · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Seller Financing Available! (25% down, 5.0% interest (interest-only), 7-Year Term)
- Eight On-Site Parking Spaces
- Fully Renovated in 2021/22, and Fully Leased
- RUBs and Pet Rent In-Place
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,800 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | R4 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,800 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | R4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Stainless Steel Appliances
- Wi-Fi
- Dining Room
- Family Room
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,045 | 500 - 600 |
| 1+1 | 5 | $1,212 | 700 - 775 |
PROPERTY TAXES
| Parcel Number | 03-028-24-22-0064 | Improvements Assessment | $297,100 |
| Land Assessment | $294,900 | Total Assessment | $592,000 |
PROPERTY TAXES
Parcel Number
03-028-24-22-0064
Land Assessment
$294,900
Improvements Assessment
$297,100
Total Assessment
$592,000
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