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$399,900  (list price)
/mo   Edit
MLS# 5487960
Built 1962
3,068 fin sqft
Columbia Heights schools
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    Description:   Fantastic opportunity to purchase a fully occupied 4 - plex! This is a great property whether you are a seasoned investor or a first time investor looking to start a portfolio.
    List Price: $399,900
    Sold Price: $407,500
    Sold Date: 05/21/2020
    Price/sq ft: $130
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Four Plex
    Year Built: 1962
    City: Columbia Heights
    County: Anoka
    State: MN
    Zip Code: 55421


    Fin Sq Ft / Living Area: 3,068 ft²
    Above Ground Living: 1,534 ft²
    Below Ground Living: 1,534 ft²
    Basement Details: Finished, Daylight/Lookout Windows


    Heating System: Hot Water
    Foundation Size: 1,534 ft²
    Handicap Accessible: None
    Exterior Material: Stucco, Brick/Stone
    Garage Spaces: 0


    Acres: 0.21
    Construction Status: Previously Owned
    Latitude: 45.05339943
    Longitude: -93.24083822
    Lot Size Dim.: 115x81x115x81


    School District: 13
    District Phone: 763-528-4500


    Annual Caretaker Expense: None
    Annual Electric Expense: $1,485
    Annual Fuel Expense: $1,485
    Annual Insurance Expense: None
    Annual Maintenance Expense: $5,949
    Annual Repair Expense: None
    Annual Gross Expense: $23,460
    Total Annual Expenses: $23,460
    Annual Trash Expense: $1,485
    Annual Water/Sewer Expense: $1,485

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $5,004
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,004


    Annual Gross Income: $41,289


    Unit 1 Monthly Rent: $928
    Unit 2 Monthly Rent: $728


    Total Units: 4


    Fuel System: Natural Gas
    Homestead: No
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    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.

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    Listing provided by RMLS, courtesy of Patriot Realty Inc..
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.