For Sale: Fridley MLS# 6823017
Active
NEW!
$845,000
Commercial: Apartments
Built 1959
0.3 acres
Columbia Heights schools
MLS# 6823017
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Property Description
Well-maintained 7-unit apartment building in a high-demand Fridley location. All units are one-bedrooms with strong rental demand and consistent occupancy. The property includes several recent upgrades, including new mini-splits, newer windows, on-site office, and individual storage units for tenant convenience.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$845,000
Property Type:
Commercial
City:
Fridley
Garage Spaces:
0
County:
Anoka
Year Built:
1959
State:
MN
Property Style:
Apartments
Zip Code:
55421
Subdivision Name:
Carlsons Summit Manor South
Exterior
Garage Spaces:
0
Other Parking Spaces:
8
Air Conditioning:
Ductless Mini-Split
Foundation Size:
3,072 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Other
Parking Features:
Parking Lot
Shared Amenities:
Coin-op Laundry Owned
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.3
Geolocation:
45.059779, -93.263739
Inclusions:
Building
Lot Dimensions:
76 x 157
Zoning:
Residential-Multi-Family
Schools
School District:
13
District Phone:
763-528-4500
Expenses
Annual Gross Expense:
$40,029
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,400
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,400
Income
Annual Gross Income:
$93,312
Rent
Annual Net Income:
$55,766
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
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 National Realty Guild.
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.