My notes for this property


Add listing to my favorites (required)
Sold
$729,900  (list price)
$710,000
/mo Edit
Commercial:  Apartments
Built 1961
0.22 acres
Columbia Heights schools
MLS# 5700319
My rating:
Request a Showing:
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Great investment opportunity. THREE BUILDING SALE OPTION, all in close proximity to one another, in the Columbia Heights and Fridley area (5035 3rd St NE & 6541 2nd St NE). The owner is willing to sell them individually or together. Contact listing agent if buyer is interested in all three for bundle deal. Lots of room for rent increases, with a Projected gross income of $88, 200! 7-1br, & 1 studio. All three buildings are located in prime areas and all units are rented.

    Listing

    Contingency: None
    City: Columbia Heights
    County: Anoka
    State: MN
    Property Style: Apartments
    Zip Code: 55421

    Interior

    Building Finished Area: 5,730 ft2

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 10
    Heating System:
    • Baseboard
    • Hot Water
    Foundation Size: 5,730 ft2
    Handicap Accessible: None
    Exterior Material: Brick/Stone

    Lot

    Acres: 0.22
    Geolocation: 45.05141938, -93.24650439
    Lot Dimensions: 0
    Dev/Complex Name: Sheffields 2nd Sub
    Zoning: Residential-Multi-Family

    Schools

    School District: 13
    District Phone: 763-528-4500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Other

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $9,990
    Assessment Pending: Yes
    Taxes w/ Assessments: $10,353

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Unit

    Total Units: 8

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of National Realty Guild.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.