612-270-4730
1705 2nd St NE, Minneapolis, MN for Sale
Apartments - FOR SALE
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1705 2nd St NE
Minneapolis, MN 55413
Bottineau


HIGHLIGHTS

  • Turn-key multifamily property in the Bottineau neighborhood of Northeast Minneapolis
  • Built in 2019 with modern units featuring 4 beds / 3 baths, open-concept layouts, and in-unit laundry
  • Strong rental demand fueled by proximity to shops, breweries, restaurants, parks, and recreational amenities
  • Well-sized lot in a vibrant, walkable neighborhood with easy access to downtown Minneapolis and major employment hubs
  • Fully stabilized property providing consistent cash flow with minimal near-term capital needs
  • Northeast Minneapolis is a growing submarket with strong tenant retention and premium rental rates | Ideal for investors seeking a low-risk

OVERVIEW

Spacious 4-bedroom layouts which are rare unit mixes anywhere in Minneapolis, new build with high end appliance finishes and top of the line construction, premium uptown location close to the lakes in a vibrant resurging area, premium finishes allowing for commanding rents and lighter maintenance burdens versus other buildings in the area, strong rental demand due to location and unit finishes make it a very desirable area to be in with history of 100% occupancy and very short lease up terms.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

2

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R2B

APN/PARCEL ID

14-029-24-22-0175

ASK ABOUT THIS PROPERTY

Robert DulinCushman & WakefieldMore Info
612-270-4730

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Robert DulinCushman & WakefieldMore Info
612-270-4730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.