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$1,260,000
/mo Edit
Condo/Townhome:  Low Rise (3- Levels)
Built 1961
0.42 acres
Fridley schools
MLS# 6729876
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    Property Description

    Great 12 unit building in Fridley. six 1 bedroom apartments and six 2 bedroom apartments. Very large apartments. Each apartment has its own furnace and tenant pays their own heat. Fully occupied. Solid building. 1/2 block to Mississippi river and 1 block to Northstar rail line train station.

    Listing

    Contingency: None
    City: Fridley
    County: Anoka
    State: MN
    Property Style: Low Rise (3- Levels)
    Zip Code: 55432
    Subdivision Name: East River Estates

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Other Parking Spaces: 21
    Air Conditioning: Wall Unit(s)
    Foundation Size: 3,500 ft2
    Foundation Dimensions: 40x80
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Asphalt
    • Open
    Shared Amenities: Coin-op Laundry Leased
    Exterior Material:
    • Brick/Stone
    • Stucco

    Lot & Land

    Acres: 0.42
    Geolocation: 45.075985, -93.273665
    Inclusions: Building, Land, Rental License
    Lot Dimensions: 128 x 143
    Zoning: Residential-Multi-Family

    Schools

    School District: 14
    District Phone: 763-502-5001

    Expenses

    Annual Gross Expense: $61,700
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $17,098
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $17,098

    Income

    Annual Gross Income: $156,000

    Rent

    Annual Net Income: $94,300

    Units

    Total Units: 12

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    Water System: City Water - In Street

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    Listing provided by RMLS, courtesy of First Select.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.