2501 17Th Ave Minneapolis, MN 55404

This exceptional investment opportunity presents an eight-unit apartment building located at 2501 17th Avenue S in Minneapolis, Minnesota. The property sits on a 0.16-acre lot and boasts a total of 6,654 square feet of living space. The building's configuration includes four two-bedroom units and four one-bedroom units, providing a diverse mix of rental options. Currently, the building is fully occupied, generating consistent rental income. However, the property presents a value-add opportunity for a discerning investor. While currently functional, some repairs are needed, allowing a new owner to increase the property's value through strategic renovations and upgrades. This could include modernizing kitchens and bathrooms, improving landscaping, or implementing energy-efficient upgrades. The strong rental market in Minneapolis, coupled with the potential for increased profitability through improvements, makes this a compelling investment prospect. The asking price is $525,000. This represents a significant opportunity to acquire a well-located, income-producing asset with considerable upside potential. Serious inquiries are encouraged. Financial statements and further details are available upon request.