$850,000
Pending

2811 113th Avenue NW

Coon Rapids, MN 55433
Listing OfficeApex Realty
Browse 36 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Excellent Investment Opportunity! This RARE opportunity to own a meticulously maintained, turn-key side-by-side 3-unit building, BUILT IN 1995, is ready to generate income from day one Located in a prime location, each unit operates with separate utilities, including gas, electricity, and water meters, ensuring a smooth and hassle-free management experience. The property also features low-maintenance vinyl siding, open vaulted ceilings in the living rooms, and a two-car garage for each unit, combining convenience with style.
A truly low-maintenance investment, tenants are responsible for all utilities, including electric, gas, trash, water/sewer, and even take care of snow removal and lawn maintenance.
• Unit #2811 (4-bed/2-bath) has been recently updated with luxury vinyl flooring on the main and upper levels and newer carpet in the basement. In 2023, this unit was further upgraded with a new stainless steel refrigerator and stove, as well as a newer washer and dryer—making it perfect for attracting high-quality tenants!
• Unit #2815 (3-bed/2-bath) features luxury vinyl flooring throughout and was also upgraded in 2023 with a new stainless steel refrigerator and stove, providing modern amenities that make it highly desirable to prospective renters.
• Unit #2819 (4-bed/2-bath) offers recent updates as well, including luxury vinyl flooring on the main level and a new stainless steel stove and dryer installed in 2023, ensuring a contemporary and attractive living space.
The property also boasts a large, fully fenced backyard with a privacy fence, creating a secure and private environment that is highly appealing to residents.
Thanks to its excellent condition, recent updates, and strong rental history, this triplex is an outstanding investment opportunity that you won’t want to miss!

  • Interior Details
      • HeatingForced Air
  • Property Details
      • Square Feet5540
    • Parking
      • Parking Spaces6
  • Construction Details
      • Basement DescriptionFinished, Partially Finished
      • Property TypeMulti-Family
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1995
  • Utilities / Energy Details
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
  • Community and Neighborhood Details
      • SubdivisionForest Pines 3rd Add
    • Location
      • School DistrictAnoka-Hennepin
      • CountyAnoka
  • Financial Details
      • Taxes Annual$7,813
      • Days on Market (Cumulative)59
  • Other
      • MLS #6590650

Location

Sean O'Brien | CB RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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