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Sold
Sold
$999,000  (list price)
$900,000
/mo   Edit
MLS# 5229775
Commercial
Built 1983
0.81 acres
Fridley schools
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    Description:   Opportunity! Out of state owners selling their two side x side 4 plexes with 8 garages. ALL 3 BR UNITS. Tenants pay own heat and electric, separate furnaces in each unit. Income stability - Long Term MARKET RATE leases into 2021! No vacancies! Newer roofs. Three units renovated in 2018 for $28, 756 - new appliances and flooring.
    List Price: $999,000
    Sold Price: $900,000
    Sold Date: 07/03/2019
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Sold
    Contingency: None
    Year Built: 1983
    City: Fridley
    Zip Code: 55432

    Interior

    Building Fin Sq Ft: 8,360 ft²
    Appliances Included: Range, Dishwasher, Refrigerator
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Insulating Concrete Forms

    Exterior

    Air Conditioning: Window
    Heating System: Forced Air
    Foundation Size: 2,090 ft²
    Unit Amenities: Balcony, Tiled Floors
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Fiber Board
    Garage Spaces: 8
    Other Parking Spaces: 10
    Roof Details: Asphalt Shingles, Pitched, Age 8 Years or Less

    Lot

    Acres: 0.81
    Lot Description: Corner Lot, Tree Coverage - Medium, City Bus (w/in 6 blks)
    Latitude: 45.08628300
    Longitude: -93.23891200
    Lot Size Dim.: 0
    Dev/Complex Name: Ercos 1st Add
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Owner Expenses: Taxes, Insurance, Maintenance/Repair, Janitorial, Trash, Snow, Lawn
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $13,091
    Assessment Pending: No
    Taxes w/ Assessments: $13,028

    Income

    Annual Gross Income: 119659.00

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 0
    Total Rooms in Unit 3: 8
    Total Units: 8
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building
    Sewer System: City Sewer/Connected
    Utilities: Heating Separate
    Water System: City Water/Connected

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