My notes for this property


Add listing to my favorites (required)
Active
$1,260,000
/mo Edit
Condo/Townhome:  Low Rise (3- Levels)
Built 1961
0.42 acres
Fridley schools
MLS# 6729876
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    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.