Sold: Columbia Heights MLS# 5700319
Sold
$729,900 (list price)
$710,000
Commercial: Apartments
Built 1961
0.22 acres
Columbia Heights schools
MLS# 5700319
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Property Description
Great investment opportunity. THREE BUILDING SALE OPTION, all in close proximity to one another, in the
Columbia Heights and Fridley area (5035 3rd St NE & 6541 2nd St NE). The owner is willing to sell them
individually or together. Contact listing agent if buyer is interested in all three for bundle deal.
Lots of room for rent increases, with a Projected gross income of $88, 200! 7-1br, & 1 studio. All
three buildings are located in prime areas and all units are rented.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$729,900
Sold Price:
$710,000
Sold Date:
04/30/2021
Property Type:
Commercial
City:
Columbia Heights
Garage Spaces:
0
County:
Anoka
Year Built:
1961
State:
MN
Property Style:
Apartments
Zip Code:
55421
Subdivision Name:
Sheffields 2nd Sub
Interior
Finished Building Area:
5,730 ft2
Exterior
Garage Spaces:
0
Other Parking Spaces:
10
Foundation Size:
5,730 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Hot Water
Parking Features:
Asphalt
Exterior Material:
Brick/Stone
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.22
Geolocation:
45.0514193806, -93.246504388
Inclusions:
Leases, Rental License
Lot Dimensions:
0
Zoning:
Residential-Multi-Family
Schools
School District:
13
District Phone:
763-528-4500
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Other
Financial & Taxes
Tax Year:
2020
Annual Taxes:
$9,990
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$10,353
Land Lease Amount:
0
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of National Realty Guild.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.