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Active NEW!
$615,000
/mo Edit
Multi-family:  Triplex
Built 1960
2,700 sqft • 0.24 acres
Fridley schools
MLS# 6629433
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    Property Description

    Phenomenal purpose-built triplex including two 3 bedroom units and one 2 bedroom unit. All 3 have separate garage stalls and ALL UTILITIES ARE SEPARATE INCLUDING WATER - super rare. This well maintained building has several updates including fresh paint, newer appliances, newer water heaters, 3 separate AC units, updated lighting and flooring. The roof is only 9 years old and there is private laundry in each unit. Additional off-street parking in the driveway available. The location offers easy access to University Ave, freeways, restaurants and grocery stores. This is a great opportunity to own a well-built triplex on a quiet block. This cash flowing triplex is a must-see!

    Listing

    Contingency: None
    Price per sq ft: $228
    City: Fridley
    County: Anoka
    State: MN
    Property Style: Triplex
    Zip Code: 55432
    Subdivision Name: Hyde Park

    Interior

    Living Area: 2,700 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: Three Level Split
    Garage Spaces: 3
    Garage Dimensions: 36x24
    Garage Size: 864 ft2
    Foundation Size: 1,900 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Electric
    • More Parking Onsite for Fee
    Shared Amenities: None
    Exterior Material:
    • Metal Siding
    • Stucco
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.24
    Geolocation: 45.078268, -93.264148
    Lot Dimensions: 80 x 129
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 14
    District Phone: 763-502-5001

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,450
    Annual Maintenance Expense: $4,928
    Annual Gross Expense: $18,404
    Annual Trash Expense: $1,170
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas, Parking Fee, Sewer

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,408
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,408

    Income

    Annual Gross Income: $59,760
    Misc. Annual Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.