For Sale: Fridley MLS# 7152248
Active
NEW!
$569,000
Multi-family: Fourplex
7 br • 4 ba • Built 1961
4,698 sqft • 0.224 acres
Fridley schools
MLS# 7152248
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Property Description
Nice Owner/Investor Opportunity.
What a great way to get started in real estate owning your own building
and having up to (3) other Tenants helping pay for it.
This (4)PLEX is well located and has been well maintained
(3) 2 Bedroom Units
(1) 1 Bedroom Unit
Shared Coin Op Laundry Room in Lower Level
There is a detached (4) Car Garage
Has additional income from the installed Solar Energy Array
Projected gross annual income $76, 200
Seller require Proof of Funds Letter prior to scheduling showings
Listing
Listing Status:
Active
Contingency:
None
List Price:
$569,000
Price per sq ft:
$121
Property Type:
Multi-family
City:
Fridley
Garage Spaces:
4
County:
Anoka
Year Built:
1961
State:
MN
Property Style:
Fourplex
Zip Code:
55421
Subdivision Name:
Hamiltons Add To Mechanics
Interior
Bedrooms:
7
Bathrooms:
4
Finished Area:
4,698 ft2
Living Area:
4,698 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
800 ft2
Foundation Size:
1,566 ft2
Foundation Dimensions:
52 x 30
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached Garage
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.224
Geolocation:
45.066658, -93.261279
Lot Dimensions:
75 x 130
Zoning:
Residential-Multi-Family
Schools
School District:
14
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
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,394
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,394
Income
Annual Gross Income:
$76,200
Misc. Annual Income:
None
Misc. Monthly Income:
None
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 RE/MAX Advantage Plus.
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.