MLS#7118467
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONCarlsons Summit Manor South
SCHOOLFridley
Property Description
Excellent investment opportunity featuring a well-maintained 7-unit multifamily property offered at an attractive 8.5% cap rate. The property consists of seven (7) one-bedroom units and has benefited from numerous capital improvements, including a new roof, new mini-split heating and cooling systems throughout, newer windows, updated interiors, ample off-street parking, and on-site storage.
Property Features
Property Type: Commercial - Business
Cooling: Ductless Mini-Split
Fuel Type: Natural Gas
Heating: Boiler, Other
Lot Size: 0.30 Acres
Stories: 2.0
Taxes: $10,288
Year Built: 1959
Feature Descriptions
Current Use: Residential
Days on Site: 1
Foundation Size: 3072
Lot Dimensions: 76 x 157
Parcel#: 263024230079
Parking: Parking Lot
Sale Includes: Building, Land
Sewer: City Sewer/Connected
Units: 7
Utilities: Electric Separate
Water: City Water/Connected
Local Schools
School District: Fridley
Listed By / Shown By
Listed By
Agency Name: National Realty Guild
Agency Phone: 651-330-8001
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
5035 3rd Street Ne | MLS# 7118467
This commercial property located at 5035 3rd Street Ne, Fridley, MN 55421 is currently listed for sale with an asking price of $699,000. 3rd Street Ne is located within the Fridley school district. Search Fridley real estate on www.homesbyjoel.com today.