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2524 Portland Ave - Cash Flowing 6-Plex South Minneapolis 6 Unité Immeuble d’habitation offert à 753 017 $ CAD à un 10,11% taux de capitalisation Minneapolis, MN 55404
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Cashflow Day One
- Low Owner Expenses
- 10% Cap Rate
Résumé de l'annonce
Turn-Key 6-Unit Multifamily in Prime South Minneapolis
Welcome to 2524 Portland Ave S, a fully updated six-unit building offering immediate cash flow and exceptional long-term stability. This property is perfect for both investors and owner-occupants looking to live rent-free while generating income from day one.
Featuring one efficiency, three 1-bedrooms, and two 2-bedroom units, this building has a strong rental history and historically low vacancy. All tenants are currently month-to-month, giving new ownership maximum flexibility.
Property Highlights:
* 10% CAP Rate – strong performer with low owner expenses
* Turn-key condition – units are modern, clean, and easy to rent
* Tenants pay ALL utilities including heat, electricity, and hot water
* Six separate hot water heaters + fully separated heat/electric
* Mini-splits with AC installed in every unit
* Newer roof & siding for reduced long-term operating costs
* Electrical updated in 2020
* Stable, high-demand location near transit, hospitals, and downtown
This is a rare opportunity to acquire a well-maintained, fully upgraded multifamily asset with strong cash flow, minimal owner responsibilities, and versatility for future value-add or owner-occupancy.
A rock-solid performer in an unbeatable location—don’t miss this one.
Welcome to 2524 Portland Ave S, a fully updated six-unit building offering immediate cash flow and exceptional long-term stability. This property is perfect for both investors and owner-occupants looking to live rent-free while generating income from day one.
Featuring one efficiency, three 1-bedrooms, and two 2-bedroom units, this building has a strong rental history and historically low vacancy. All tenants are currently month-to-month, giving new ownership maximum flexibility.
Property Highlights:
* 10% CAP Rate – strong performer with low owner expenses
* Turn-key condition – units are modern, clean, and easy to rent
* Tenants pay ALL utilities including heat, electricity, and hot water
* Six separate hot water heaters + fully separated heat/electric
* Mini-splits with AC installed in every unit
* Newer roof & siding for reduced long-term operating costs
* Electrical updated in 2020
* Stable, high-demand location near transit, hospitals, and downtown
This is a rare opportunity to acquire a well-maintained, fully upgraded multifamily asset with strong cash flow, minimal owner responsibilities, and versatility for future value-add or owner-occupancy.
A rock-solid performer in an unbeatable location—don’t miss this one.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
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Walk Score®
Très pratique à pied (77)
Bike Score®
Un paradis pour un cycliste (90)
Impôts fonciers
| Numéro de lot | 34-029-24-14-0067 | Évaluation des bâtiments | 624 658 $ CAD |
| Évaluation du terrain | 99 072 $ CAD | Évaluation totale | 723 730 $ CAD |
Impôts fonciers
Numéro de lot
34-029-24-14-0067
Évaluation du terrain
99 072 $ CAD
Évaluation des bâtiments
624 658 $ CAD
Évaluation totale
723 730 $ CAD
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Vue depuis la rue
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2524 Portland Ave - Cash Flowing 6-Plex South Minneapolis
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