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The Gryff Apartments 1935 2nd St SW 26 Unit Apartment Building $8,960,250 CAD ($344,625 CAD/Unit) Rochester, MN 55902

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EXECUTIVE SUMMARY

Introducing an outstanding investment opportunity in the heart of Uptown, Rochester, MN. The property at 1935 2nd St SW presents a meticulously maintained 27,664 SF multifamily/mid-rise building, comprising 26 units constructed in 2019. Zoned MXT-NOD, this high-demand asset boasts 100% occupancy, offering an immediate and steady return on investment. With modern amenities and a prime location, this property is primed for long-term financial success in a thriving rental market. Don't miss the chance to add this exceptional investment to your portfolio in one of the most sought-after areas for multifamily developments.
Discover the vibrant Uptown neighborhood of Rochester, MN, a sought-after location for multifamily/mid-rise investors. The area surrounding The Gryff is synonymous with convenience and community. Residents can stroll to local boutiques, trendy eateries, and popular entertainment venues. The proximity to parks and green spaces offers a balance of urban living and outdoor recreation. Adjacent to renowned medical facilities and top employers, the location presents a compelling investment opportunity. With a thriving rental market and strong tenant demand, The Gryff is poised as a prime addition to your investment portfolio in this dynamic and desirable locale.

PROPERTY FACTS

Price $8,960,250 CAD
Price Per Unit $344,625 CAD
Sale Type Investment
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class A
Lot Size 0.27 AC
Building Size 26,000 SF
No. Stories 3
Year Built 2019

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Renters Insurance Program
  • Hearing Impaired Accessible
  • Maintenance on site
  • Online Services
  • Vision Impaired Accessible
  • Individual Locking Bedrooms
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 26 - 524 - 841
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74.34.34.084753
Land Assessment
$361,015 CAD
Improvements Assessment
$5,564,077 CAD
Total Assessment
$5,925,093 CAD
  • Listing ID: 39082984

  • Date on Market: 2026-01-14

  • Last Updated:

  • Address: 1935 2nd St SW, Rochester, MN 55902

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