For Sale: Fridley MLS# 7063244
Active
NEW!
$795,000
Commercial: 2 Stories
Built 1959
0.298 acres
Fridley schools
MLS# 7063244
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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 new roof, security cameras, and individual storage units for tenant convenience. Excellent opportunity for stable cash flow. Located near major transit routes, retail, restaurants, and minutes from Minneapolis, making it highly desirable for long-term tenants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$795,000
Property Type:
Commercial
City:
Fridley
Garage Spaces:
0
County:
Anoka
Year Built:
1959
State:
MN
Property Style:
2 Stories
Zip Code:
55421
Subdivision Name:
Carlsons Summit Manor South
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Ductless Mini-Split
Foundation Size:
3,072 ft2
Foundation Dimensions:
80 x 90
Handicap Accessible:
None
Heating System:
- Boiler
- Other
Parking Features:
Parking Lot
Lot & Land
Acres:
0.298
Geolocation:
45.059779, -93.263739
Inclusions:
Building
Lot Dimensions:
76 x 157
Zoning:
Residential-Multi-Family
Schools
School District:
14
District Phone:
7635025001
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,289
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$10,398
Income
Annual Gross Income:
$91,850
Rent
Annual Net Income:
$54,825
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
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.