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5035 3rd Street Ne, Fridley, MN 55421

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Listed By

Agency Name: National Realty Guild
Agency Phone: 651-330-8001

Shown By

Agent Name: Derrick Guevremont
Agent Phone: (507) 272-8018
Agency Title: Counselor Realty

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Property Description

Excellent investment opportunity featuring a well-maintained 7-unit multifamily property offered at an attractive 8.5% cap rate. The property consists of seven (7) one-bedroom units and has benefited from numerous capital improvements, including a new roof, new mini-split heating and cooling systems throughout, newer windows, updated interiors, ample off-street parking, and on-site storage.

5035 3rd Street Ne | MLS# 7118467

This commercial property located at 5035 3rd Street Ne, Fridley, MN 55421 is currently listed for sale with an asking price of $699,000. 3rd Street Ne is located within the Fridley school district. Search Fridley real estate on derrick.counselorrealtyofrochester.com today.

Property Features

Property Type: Commercial - Business
Cooling: Ductless Mini-Split
Fuel Type: Natural Gas
Heating: Boiler, Other
Lot Size: 0.30 Acres
Stories: 2.0
Taxes: $10,288
Year Built: 1959

Feature Descriptions

Current Use: Residential
Days on Site: 2
Foundation Size: 3072
Lot Dimensions: 76 x 157
Parcel#: 263024230079
Parking: Parking Lot
Sale Includes: Building, Land
Sewer: City Sewer/Connected
Units: 7
Utilities: Electric Separate
Water: City Water/Connected

Local Schools

School District: Fridley

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