5347 4th ST NE Active Save Request In-Person Tour Request Virtual Tour
Fridley,MN 55421
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,670 sqft
Price per Sqft $166
Subdivision Hamiltons Add To Mechanics
MLS Listing ID 6571664
Year Built 1960
Annual Tax Amount $4,707
Tax Year 2023
Contingent None
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 130 X 67
Property Description
**OPEN HOUSE THIS SATURDAY, NOV. 23RD FROM 10-12 P.M.** COME CHECK OUT THIS VERY AFFORDABLE OPPORTUNITY. DON'T MISS OUT ON THIS INCREDIBLE INVESTMENT OPPORTUNITY! This Triplex is a fantastic opportunity for investors seeking reliable, long-term rental income. Featuring three separate units, each with its own private entry, this property offers steady cash flow and excellent ROI potential. The area has shown consistent historical appreciation, and market trends suggest that demand for rental properties will continue to grow, driven by factors like [local job growth, new infrastructure, or increased demand for housing!] Units #1 & #3 have in-unit laundry, enhancing tenant convenience. Unit #2 offers 2 bedrooms, 1 bath, & an in-unit laundry. Each unit has its own separate exterior entrance, ensuring privacy and ease for tenants. The roof is less than 8 years old! The building is structurally sound, with some recent upgrades done in the last three months. Seller has made many improvements including New boilers, Fresh paint throughout, New carpet/flooring and so much more! 2-car detached garage included. Convenient location with easy access to highways, really close to the local park, shopping and many restaurants. Whether you're an experienced investor or a first-time buyer, this Triplex offers a turn-key opportunity to add a valuable asset to your portfolio. Quick closing desired. See supplements for full list of improvements.
Location
State MN
County Anoka
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Block,Finished,Partially Finished,Storage Space,Walkout
Interior
Heating Baseboard,Boiler,Zoned
Fireplace No
Exterior
Garage Asphalt,Shared Driveway
Garage Spaces 2.0
Fence Chain Link
Roof Type Age 8 Years or Less,Asphalt
Building
Story One
Foundation 1550
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Stucco
New Construction false
Schools
School District Fridley