$3,420,000
$4,140,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/25/2019
Key Details
Sold Price $3,420,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5022494
Sold Date 04/25/19
Year Built 1971
Annual Tax Amount $53,882
Tax Year 2018
Contingent None
Lot Dimensions Irregular
Property Description
Well maintained 36 unit building in an Opportunity Zone in the heart of Robbinsdale. 32 of 36 units have been updated, with all windows replaced approximately 8 years ago. Opportunity knocks to increase rents to market value. Great potential for increased value if blue line light rail project is approved, with nearby stop. Fully occupied. Coin operated laundry machines are rented, service contract to be included in the sale.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Baseboard, Forced Air
Fireplace No
Exterior
Garage Detached, Asphalt
Garage Spaces 12.0
Utilities Available Electric Separate
Present Use Residential
Parking Type Detached, Asphalt
Building
Foundation 1
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Robbinsdale
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