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Phillip Thomas

info@philsellsmn.com +1(507) 269-8489

$ 444,900

Est. payment -/mo

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Open Sat 10AM-12PM

5347 4th ST NE Fridley, MN 55421

2,670 SqFt

OPEN HOUSE

Sat Nov 23, 10:00am - 12:00pm

UPDATED:

11/22/2024 02:31 AM

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

Listed by Launa Erickson • Realty ONE Group Choice

Phillip Thomas

Real Estate Professional | License ID: 503514707

+1(507) 269-8489

Phillip Thomas

5347 4th ST NE Fridley, MN 55421

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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5347 4th ST NE