Well-maintained 7-unit apartment building in a high-demand Fridley location. All units are one-bedrooms with strong rental demand and consistent occupancy. The property includes several recent upgrades, including new mini-splits, newer windows, on-site office, and individual storage units for tenant convenience.
MLS ID: 6823017
Directions: Central Ave NE to 52nd Ave NE. East on 52nd Ave NE to 3rd St NE. South to property.
MLS #: 6823017
Listing courtesy of: National Realty Guild
Price: $845,000
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Current Use: Residential
Total Units: 7
Annual Gross Income: $93,312
Net Operating Income: $55,766
Annual Gross Expense: $40,029
Parking Features: Parking Lot
Other Parking Spaces: 8
Construction Materials: Brick/Stone
AccessibilityFeatures: None
Heating: Boiler, Other
Cooling: Ductless Mini-Split
Style: Apartment
Year Built: 1959
Foundation Area: 3,072
Amenities - Association: Coin-op Laundry Owned
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Electric Separate
Complex/Dev/Sub Name: Carlsons Summit Manor South
Lot Dimensions: 76 x 157
District: Columbia Heights
District Number: 13
District Phone: 763-528-4500
County: Anoka
Survey Range: 24
Survey Section: 26
Survey Township: 30
Tax Year: 2025
Tax Amount: $9,400
Assessment Pending: Unknown
Taxes w/Assessments: $9,400
This listing was last updated by National Realty Guild on 12/1/2025 at 1:02 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 12/5/2025 2:45 am.
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