Home › 2641 Girard Avenue S, Minneapolis, MN 55408 (MLS# 6336815)

2641 Girard Avenue S, Minneapolis, MN 55408 (MLS# 6336815)

$1,505,000
2641 Girard Avenue S
Minneapolis, MN 55408
MLS# 6336815
Status: Closed

2641 Girard Avenue S, Minneapolis, MN 55408
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2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408 2641 Girard Avenue S, Minneapolis, MN 55408

Property Description
PREMIER SOUTH MINNEAPOLIS LOCATION JUST BLOCKS FROM THE LAKES! LARGE 1,315+ SQFT PULLMAN STYLE APARTMENTS WITH ALL THE CHARM OF 1910. ORIGINAL HARDWOOD FLOORS, LARGE BASEBOARD TRIM, BUILT-INS, & COVED CEILINGS. SIX OF THE SEVEN UNITS HAVE EXTRA SQUARE FOOTAGE W/ FRONT PORCHES HIGHLIGHTING THE EXPOSED BRICK. THE LOWER LEVEL GARDEN UNIT TAKES UP ROUGHLY 2/3’S OF THE FOUNDATION SIZE AND OFFERS THE RESIDENTS A VERY COOL UNIQUE HOME WITH THE PROPER EGRESS. THE CITY OF MINNEAPOLIS CERTIFICATE OF OCCUPANCY HAS IT AS A LEGAL LICENSED 7-UNIT. ALL BRICK EXTERIOR WITH STUCCO ON THE FRONT AND FIVE OFF-STREET PARKING SPACES FOR TENANTS. ALL UNITS HAVE BEEN UPDATED WITH NEWER GAS FIRED HOT WATER BOILERS SEPARATELY METERED FOR RESIDENTS TO PAY. CURRENTLY 6 OF THE 7 UNITS ARE RENTED WITH THE LAST UNIT LEFT OPEN FOR EASIER SHOWINGS. WOULD MAKE EITHER A GREAT CONDO CONVERSION OR TEAR DOWN AND BUILD A NEW DEVELOPMENT! CURRENT IN PLACE CAP RATE OF 7.53% **SELLER MAY FINANCE**

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-05-25
Current Price: 1360000
Closed Date: 2023-06-29
Sales Close Price: 1360000
Contingency: None
ListPrice: 1505000
List Date: 2023-02-27
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 5
Owner Occupied: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 2700
For Sale or Lease: For Sale
Acres: 0.14
Lot Dimensions: 46 x 128
Location Tax and Other Information
House Number: 2641
Street Name: Girard
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Kings Add
Assessments
Tax With Assessments: 21998
Building Information
Building Finished SqFt: 10800
Building SqFt: 10800
Ceiling Height: 8-10
Income and Expenses
Annual Caretaker Expense: 1200
Annual Electric Expense: 652
Annual Fuel Expense: 1219
Annual Gross Expenses: 47282
Annual Gross Income: 173880
Annual Insurance Expense: 4500
Annual Maintenance Expense: 7000
Annual Net Income: 126597
Annual Trash Expense: 2580
Annual Water/Sewer Expense: 5132
Total Annual Expenses: 47282
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 33
Township#: 29
Sale Options
Sale Includes: Building, Land, Leases, Rental License
Unit 3
No. of 3 Bedroom Units: 7
Unit Details
Total Units: 7
Property Features
Accessible: None
Air Conditioning: Window Unit(s)
Amenities Unit: Ceiling Fan(s); French Doors; Hardwood Floors; Kitchen Window; Natural Woodwork; Sun Room
Appliances: Range; Refrigerator
Assumable Loan: Not Assumable
Basement: Egress Windows
CMU Style: Apartments/Multi Family
Construction Materials: Brick; Concrete
Construction Status: Previously Owned
Current Use: Residential
Existing Financing: Free and Clear
Exterior: Brick/Stone; Stucco
Fencing: None
Financing Terms: Conventional
Flooring: Wood
Fuel: Natural Gas
Heating: Boiler; Hot Water
Loan Terms: Cash; Contract for Deed; Conventional
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Owner Pays: Insurance; Snow Removal; Taxes; Trash Collection; Water
Rent Rate per Foot: Per Month
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Private Maintained Road
Roof: Age Over 8 Years; Flat
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Pays: Broadband; Cable TV; Electricity; Gas
Topography: Level
Wall Description: Drywall; Plaster
Water: City Water/Connected

Listing Office: Apartment Cash Flow, Inc.

Last Updated: August - 07 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Monday 1st of June 2026 09:02 AM

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