For Sale: Fridley MLS# 7040473
Active
NEW!
$699,000
Multi-family: Fourplex
12 br • 8 ba • Built 1982
4,800 sqft • 0.248 acres
MLS# 7040473
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Property Description
Well-maintained fourplex in Fridley offering four spacious 3-bedroom, 2-bath units with in-unit washer/dryer, dishwasher, and central air in each. All four units are separately metered for gas, electric, and water/sewer. Eight tuck-under garage stalls provide ample off-street parking. Ownership has proactively maintained mechanicals and continuously invested in tenant-desired amenities including in-unit laundry and dishwashers in every unit. Centrally positioned between downtown Minneapolis and St. Paul with direct access to I-694 and Highway 47, the location offers residents a short commute to major employment centers in both cities while benefiting from Fridley's established residential setting and local amenities. All four units currently occupied with one unit on a month-to-month lease, providing flexibility for owner-occupancy. Buyers and their agents are responsible for verifying all information and measurements provided.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$699,000
Price per sq ft:
$146
Property Type:
Multi-family
City:
Fridley
Garage Spaces:
8
County:
Anoka
Year Built:
1982
State:
MN
Property Style:
Fourplex
Zip Code:
55432
Subdivision Name:
Hamiltons Add To Mechanics
Interior
Bedrooms:
12
Bathrooms:
8
Finished Area:
4,800 ft2
Living Area:
4,800 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
8
Garage Dimensions:
21.5x19.5
Garage Size:
420 ft2
Garage Door Height:
8
Foundation Size:
2,400 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Tuckunder Garage
Rooms
Laundry:
In Unit
Lot & Land
Acres:
0.248
Geolocation:
45.0712245607, -93.2612679815
Lot Dimensions:
120 x 130
Zoning:
Residential-Multi-Family
Schools
School District:
793
District Phone:
7635025001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,648
Annual Maintenance Expense:
$1
Annual Trash Expense:
$2,624
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$12,680
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,680
Income
Annual Gross Income:
$75,120
Rent
Annual Net Income:
$49,117
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
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 MRG Realty Partners, LLC.
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.