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Active
Listed
$850,000
/mo   Edit
MLS# 5212430
3757 Kipling Avenue
Saint Louis Park, MN 55416
Commercial
Built 1938
0.28 acres
St. Louis Park schools
Info: 763-576-8286
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    Description:   Multi-family home available in the highly desirable Saint Louis Park. This home offers 5 one bedroom apartments that are move-in ready plus a 4 car garage! All units are currently occupied. Convenient location to shopping, Bde Maka Ska, Uptown, and so much more! Easy access to HWY 100 and HWY 7. Do not miss your opportunity!
    List Price: $850,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1938
    City: Saint Louis Park
    Zip Code: 55416

    Interior

    Building Fin Sq Ft: 2,970 ft²
    Total Ranges: Five
    Total Refrigerators: Five

    Exterior

    Air Conditioning: Central
    Heating System: Hot Water
    Foundation Size: 1,500 ft²
    Shared Amenities: Patio, Coin-op Laundry Owned
    Unit Amenities: Ceiling Fan(s), Hardwood Floors
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Vinyl
    Garage Spaces: 4
    Other Parking Spaces: 0
    Roof Details: Asphalt Shingles

    Lot

    Acres: 0.28
    Lot Description: Tree Coverage - Medium, City Bus (w/in 6 blks)
    Latitude: 44.93522200
    Longitude: -93.33496400
    Lot Size Dim.: 94x45x191x172
    Dev/Complex Name: Bassfords Add To St Louis Park
    Zoning: Residential-Multi-Family

    Schools

    School District: 283 - St. Louis Park
    District Phone: 952-928-6000

    Expenses

    Annual Caretaker Expense: $4,000
    Annual Fuel Expense: $5,267
    Annual Insurance Expense: $3,201
    Annual Maintenance Expense: $6,178
    Annual Repair Expense: None
    Annual Gross Expense: $27,641
    Total Annual Expenses: $36,088
    Tenant Expenses: Electric

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $8,741
    Assessment Pending: No
    Taxes w/ Assessments: $8,741

    Income

    Annual Gross Income: 66234.00

    Rent

    Annual Net Income: $38,593

    Unit

    Total Rooms in Unit 1: 5
    Total Units: 5

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building, Land
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Chrissy
    Von Itter
    Movement
    Richard
    Smyth
    TruStone
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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