Restricted Address MINNEAPOLIS, MN 55408

Features

• Lot Size : View Details
• Total Units : View Details
• Stories : View Details
• Roof Type : View Details
• Heating : View Details
• Construction Type : View Details
• Exterior Walls : View Details

Facts

• Year Built : View Details
• Property ID : View Details
• MLS Number : View Details
• Parcel Number : View Details
• Property Type : View Details
• County : View Details
• Legal Description : View Details
• Zoning : View Details

Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

CONTRACT FOR DEED AVAILABLE! Fantastic investment opportunity to buy an apartment with seller-financing in the heart of Lyn-Lake! This fully renovated, fully occupied, six-unit building at 3029 Garfield offers modern, updated units with leases running through Summer of 2025. The unit mix consists of 1 x studio, and 5 x one-bedrooms. Tenants enjoy the convenience of mobile-friendly laundry and eight dedicated parking spaces. The property generates over $7,300/month, which includes revenue from rent, parking, pet fees, RUBs, and laundry. A turnkey investment in one of Minneapoliss most popular rental areasthis is an income-producing property you wont want to miss! The property can be purchased on a contract for deed with the following terms: 25+% down, 5.0% interest, interest-only monthly payments, on a seven-year term.