5347 4th Street NE Fridley, MN 55421
Listing Courtesy of: NORTHSTAR MLS / Andover Mn / Launa Erickson / Andover MN / Joseph Dennis

  5347 4th Street NE Fridley, MN 55421

Active (23 Days)
$459,900

Description

**THIS EXCEPTIONAL INVESTMENT OPPORTUNITY IS BACK ON THE MARKET!** Due to the Buyers financing falling through at the last minute. ALL NEW ELECTRICAL PANELS INSTALLED IN EACH UNIT AND THE GARAGE! COME CHECK OUT THIS VERY AFFORDABLE 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. Make this be your final investment of the year!

MLS #:
6571664
Taxes
$4,707(2023)
Lot Size
8,712 SQFT
Type
Multifamily
Year Built
1960
Style
One
School District
Fridley
County
Anoka County

Listed By

Launa Erickson, Andover Mn
Joseph Dennis, Andover MN
Source
NORTHSTAR MLS
Last checked Dec 24 2024 at 1:09 PM GMT+0000
Bathroom Details
Subdivision
  • Hamiltons Add To Mechanics
Property Features
  • Walkout
Heating and Cooling
  • Zoned
  • Boiler
  • Baseboard
Basement Information
  • Walkout
  • Storage Space
  • Partially Finished
  • Finished
  • Block
Exterior Features
  • Roof: Asphalt
  • Roof: Age 8 Years or Less
Utility Information
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
Parking
  • Shared Driveway
  • Asphalt
Stories
  • 1
Living Area
  • 2,670 sqft
Location
   
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