For Sale: Mounds View MLS# 7022472
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Property Description
Easy property to manage. Everything has been updated making this a turn key, beautifully remodeled 6 unit apartment building. Fully remodeled building with 5- 2bedroom units and 1 large 1 bedroom unit. 6 garage stalls and 6 outside parking spaces. Stainless steel kitchens, granite counter tops, white cabinets, updated bathrooms, LVP flooring, new AC units in each unit, boiler has been certified. This is ready to go. Serious inquiries only with pre-approval or proof of funds.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$899,900
Property Type:
Commercial
City:
Mounds View
Garage Spaces:
6
County:
Ramsey
Year Built:
1964
State:
MN
Property Style:
2 Stories
Zip Code:
55112
Subdivision Name:
Section 5 Town 30 Range 23
Interior
Ceiling Height:
8-10
Flooring:
Carpet, Engineered Hardwood
Refrigerators:
One Per Unit
Appliances Included:
- Exhaust Fan
- Range
- Refrigerator
- Stainless Steel Appliances
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
6
Air Conditioning:
Wall Unit(s)
Foundation Size:
1,156 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
- Detached Garage
- Parking Lot
Unit Amenities:
- Kitchen Window
- Main Floor Primary Bedroom
Road Frontage:
- City Street
- Curbs
Exterior Material:
- Brick
- Frame
Pool:
None
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.38
Geolocation:
45.111991, -93.190408
Inclusions:
Building, Land, Leases, Rental License
Lot Dimensions:
102 x 159 x 102 x 160
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
2090
District Phone:
6516216001
Expenses
Annual Caretaker Expense:
$400
Annual Electric Expense:
$2,613
Annual Fuel Expense:
$364
Annual Insurance Expense:
$7,730
Annual Maintenance Expense:
$517
Annual Trash Expense:
$1,502
Annual Water/Sewer Expense:
$1,878
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$11,818
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,818
Income
Annual Gross Income:
$105,457
Rent
Annual Net Income:
$62,882
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Common
Water System:
City Water - In Street
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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 Coldwell Banker Realty.
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.