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

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