Active
5347 4th Street NE
Fridley MN, 55421
$459,900
$172.25 per sqft
Active
2,670 sqft
Multi-family
Built in 1960
**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!
6571664
MLSⓇ ID
November 8, 2024
Listed
December 21, 2024
Updated
Map
5347 4th Street NE
Fridley MN, 55421
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Boiler, Zoned
Exterior/Building Features
Lot Size
0.2 Acres
Roof
Age 8 Years or Less, Asphalt
Sewer
City Sewer/Connected
School Information
School District
Fridley
Other Property Details
Taxes
$4,707
Tax Frequency
Annually
Days on Market
19
Garage
Yes
Garage Spaces
2
Parking
Asphalt, Shared Driveway
View
No
County
Anoka
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/21/2024 | Active | — |
12/20/2024 | Price change | $459,900 3% |
11/27/2024 | Pending | — |
11/22/2024 | Price change | $444,900 -2% |
11/8/2024 | Active | — |
Courtesy of Realty ONE Group Choice
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lauren A. Janoski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 2:41 AM UTC, 12/21/2024