2000 Grand Ave, Minneapolis, MN 55405

This well-maintained, classic five-unit apartment building in Minneapolis, Minnesota, presents a compelling investment opportunity. The property, located at 2000 Grand Ave S, 55405, features four spacious two-bedroom units and one one-bedroom unit, all boasting large floor plans. A brand new roof was installed in April 2024, ensuring long-term structural integrity. Tenant amenities include ample storage, five designated parking spaces, and convenient on-site laundry facilities. The property also benefits from a generous backyard, providing tenants with valuable outdoor space. Situated in a high-rent-demand area of Minneapolis, this building offers strong current financials and significant potential for future rent growth. The existing layout allows for the implementation of RUBS (rent utility billing system) to further enhance profitability. This property is an excellent choice for investors seeking both immediate cash flow and value-add potential. The building's location in Hennepin County offers easy access to various amenities and transportation options.