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$999,950
/mo Edit
Commercial:  2 Stories
Built 1963
0.47 acres
Anoka-Hennepin schools
MLS# 7105578
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    Property Description

    • Fully rented. 8 Units: Six - 2 bdrm, Two - 3 bdrm. Two levels • 6, 656 SF on 0.47 acres • Longtime ownership & caretaker • Interior & exterior in good condition. Mechanicals updated with new boiler in 2022 & 8 electrical meters + 1 house meter • 7 garage stalls & on-street parking and on-site tenant storage lockers • Build in 1963, roof ~10 years old. R-1 zoning • 2 washers & 2 dryers: Seller owned • Lease: month to month. Tenants pay electric. BELOW MARKET RENTS Strong rental location with easy access to schools, parks, and restaurants

    Listing

    Contingency: None
    City: Anoka
    County: Anoka
    State: MN
    Property Style: 2 Stories
    Zip Code: 55303
    Subdivision Name: Carlson & Kings So View Terrace

    Interior

    Refrigerators: One
    Appliances Included:
    • Cooktop
    • Range
    • Refrigerator

    Exterior

    Stories: Two
    Garage Spaces: 7
    Foundation Size: 3,328 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Asphalt
    • Detached Garage
    • Other
    • Parking Lot
    • Shared Driveway
    Exterior Material: Brick
    Roof Details: Age Over 8 Years

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.47
    Geolocation: 45.188581, -93.377196
    Inclusions: Building, Fixture/Equipment, Leases
    Lot Dimensions: 100 x 11 x 178 x 105 x 214
    Zoning: Residential-Multi-Family

    Schools

    School District: 11
    District Phone: 7635061000

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $13,157
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $13,157

    Units

    Total Units: 8

    Miscellaneous

    Current Use: Commercial
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Hot Water Common
    Water System: City Water/Connected

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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.
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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.