5347 4th Street NE
Fridley, MN 55421
3100 sqft | #6571664
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!
Property Details
- Basement DescriptionBlock, Finished, Partially Finished, Storage Space, Walkout
- RoofAge 8 Years or Less, Asphalt
- SubdivisionHamiltons Add To Mechanics
- Parking FeaturesAsphalt, Shared Driveway
- HeatingBaseboard, Boiler, Zoned
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Property TypeMulti-Family
- Parcel Number233024340055
- Parking TypeDriveway
- School DistrictFridley
- MLS #6571664
- Property SubtypeTriplex
- MLS #6571664
- Taxes Annual$4,707
- Cost459900
- CountyAnoka
- Square Feet3100
- Year Built1960
- Days on Market (Cumulative)20
- Parking Spaces2
- Basement1
- Basement Finished1
Location
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Launa Erickson (#NST506016921)
Listing Office: Realty ONE Group Choice (#NST26330)
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.