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Sold for $420,000 Sold

5419 4th Street NE
Fridley, MN 55421

4 units | Multi Family Home
9757 sq ft - MLS# 4982481
Property Photo

Sold

Sold for $420,000 on Aug 30, 2018

Description

Solid 4 plex in a great neighborhood. Hard to find these days. All units currently rented and have been updated. Please see the attached Cap Rate sheet. The Building comes with a 4 car garage which is rare for these buildings and 8 parking spots in the back. Clean and well maintained building with great tenants. Seller has a Duplex in front on 6th Street which he will sell if Buyer interested.

Features

  • Above Ground Finished Sq: 1566
  • Amenities - Shared: Coin-Op Laundry Owned
  • Annual Caretaker Expense: 600
  • Annual Fuel Expense: 2642
  • Annual Gross Expense: 14298.00
  • Annual Gross Income: 47100.00
  • Annual Insurance Expense: 2128
  • Annual Maintenance Expen: 1377
  • Annual Repair Expense: 1377
  • Annual Trash Expense: 804
  • Annual Water/Sewer Expen: 1830
  • Basement: Slab
  • Baths: 4
  • Bedrooms: 7
  • Below Ground Finished Sq: 1566
  • Construction Status: Previously Owned
  • County/Area: Anoka County
  • Exterior: Stucco, Brick/Stone
  • Fencing: Wood
  • Foundation Size: 1566
  • Fuel: Natural Gas
  • Full Baths: 4
  • Garage: Detached, 4-Car
  • Heating: Baseboard
  • Listing Status: Sold
  • Lot Description: City Bus (W/In 6 Blks)
  • Lot Dimensions: 75x130
  • Lot Size: 0.2240
  • Miscellaneous Annual Inc: 2700
  • MLS ID: RMLS
  • Number Of Ranges: Four
  • Number Of Refrigerators: Four
  • Parking Characteristics: Detached Garage, Assigned
  • Postal City: Fridley (Mn)
  • Property Type: Multi Family Home
  • Road Frontage: City, Paved Streets, Curbs, Sidewalks
  • Roof: Asphalt Shingles
  • School District: 14 - Fridley
  • Sewer: City Sewer/Connected
  • Sold Date: 2018-08-30 00:00:00
  • Sold Price: 420000
  • Sq.Ft.: 3132
  • Style: (MF) Apartments
  • Sub Type: Multi Family Home
  • Tenant Expenses: Electric, Cable T.v.
  • Total Annual Expenses: 14298
  • Units: 4
  • Water: City Water/Connected
  • Year Built: 1961
  • Zip Code: 55421
  • Zoning: Residential-Multi-Family
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