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Active NEW!
$530,000
/mo Edit
Multi-family:  1 Story
7 br • 4 ba • Built 1961
2,727 sqft • 0.163 acres
MLS# 7027674
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    Property Description

    Check out this well-maintained triplex in the Fridley area, featuring a low-maintenance exterior. It's an ideal opportunity for new investors, owner-occupants, or first-time buyers. All units are currently rented and boast a strong rental history, ensuring positive cash flow. With separate meters for gas and electric, this property stands out as a smart investment for both today and the future.

    Listing

    Contingency: None
    Price per sq ft: $194
    City: Fridley
    County: Anoka
    State: MN
    Property Style: 1 Story
    Zip Code: 55421
    Green Certified: Pending

    Interior

    Living Area: 2,727 ft2
    Refrigerators: Three
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,670 ft2
    Fencing: Partial, Wood
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Asphalt
    • Unassigned
    Road Frontage: City Street
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.163
    Geolocation: 45.0658698664, -93.2607092555
    Lot Dimensions: 50 x 130
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 793
    District Phone: 7635025001

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,396
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: $42,900

    Units

    Total Units: 3

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Home-Mart Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.