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Sold
$419,000  (list price)
$390,000
/mo Edit
Multi-family:  Four Plex
Built 1962
3,600 sqft0.19 acres
Columbia Heights schools
MLS# 5320146
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    Property Description

    Original Owner. Rents are far below Market rate. Property needs some updating. Only one unit available for showing. All tenants are on a month to month lease.

    Listing

    Contingency: None
    Price per sq ft: $116
    City: Columbia Heights
    County: Anoka
    State: MN
    Property Style: Four Plex
    Zip Code: 55421

    Interior

    Living Area: 3,600 ft2
    Above Ground Living: 3,600 ft2
    Basement Details: Other

    Exterior

    Garage Spaces: 0
    Heating System: Forced Air
    Foundation Size: 1,800 ft2
    Fencing: None
    Handicap Accessible: None
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  10 x 12  120 
    Unit 1 Bedroom 2  10 x 10  100 
    Unit 1 Dining Room  8 x 10  80 
    Unit 1 Kitchen  10 x 10  100 
    Unit 1 Living Room  10 x 12  120 
    Unit 2 Bedroom 1  11 x 12  132 
    Unit 2 Dining Room  8 x 10  80 
    Unit 2 Kitchen  10 x 10  100 
    Unit 2 Living Room  10 x 10  100 

    Lot

    Acres: 0.19
    Geolocation: 45.04795875, -93.24499956
    Lot Dimensions: 135 x 60
    Dev/Complex Name: Reservoir Hills

    Schools

    School District: 13
    District Phone: 763-528-4500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,020
    Annual Fuel Expense: $3,000
    Annual Insurance Expense: $2,800
    Annual Maintenance Expense: $250
    Annual Gross Expense: $11,658
    Annual Trash Expense: $2,000
    Annual Water/Sewer Expense: $2,000
    Tenant Expenses: Electricity, Cable TV

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,238
    Assessment Pending: Yes
    Taxes w/ Assessments: $4,300

    Income

    Annual Gross Income: $30,300

    Unit

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.