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Sold
$619,900  (list price)
$604,961
/mo Edit
Commercial:  Apartments
Built 1960
0.29 acres
Fridley schools
MLS# 5700344
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    Property Description

    Great investment opportunity. THREE BUILDING SALE OPTION, all in close proximity to one another, in the Columbia Heights and Fridley area (5035 3rd St NE & 4546 Tyler St NE ). The owner is willing to sell them individually or together. Contact listing agent if buyer is interested in all three for bundle deal. Lots of room for rent increases, with a Projected gross income of $76, 200! 4 - 2br units, 1- 1br, & 1 studio. All three buildings are located in prime areas and all units are rented.

    Listing

    Contingency: None
    City: Fridley
    County: Anoka
    State: MN
    Property Style: Apartments
    Zip Code: 55432

    Interior

    Building Finished Area: 3,325 ft2

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 10
    Heating System:
    • Baseboard
    • Hot Water
    Foundation Size: 1,662 ft2
    Handicap Accessible: None
    Exterior Material: Brick/Stone

    Lot

    Acres: 0.29
    Geolocation: 45.08717302, -93.26671485
    Lot Dimensions: 83 x 140
    Dev/Complex Name: Rice Creek Plaza South Add
    Zoning: Residential-Multi-Family

    Schools

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

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $9,139
    Assessment Pending: Yes
    Taxes w/ Assessments: $10,940

    Income

    Annual Gross Income: $60,600

    Unit

    Total Units: 6

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected

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