For Sale: Mounds View MLS# 6757957
Active
NEW!
$925,000
Commercial: Apartments
Built 1964
0.38 acres
Mounds View schools
MLS# 6757957
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Property Description
Easy property to manage. Everything has been updated making this a turn key, beautifully remodeled 6 unit apartment building. Fully remodeled building with 5- 2bedroom units and 1 large 1 bedroom unit. 6 garage stalls and 6 outside parking spaces. Stainless steel kitchens, granite counter tops, white cabinets, updated bathrooms, LVP flooring, new AC units in each unit, boiler has been certified. This is ready to go. Serious inquiries only with pre-approval or proof of funds.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$925,000
Property Type:
Commercial
City:
Mounds View
Garage Spaces:
6
County:
Ramsey
Year Built:
1964
State:
MN
Property Style:
Apartments
Zip Code:
55112
Subdivision Name:
Section 5 Town 30 Range 23
Interior
Ceiling Height:
8-10
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Exhaust Fan
- Range
- Refrigerator
- Stainless Steel Appliances
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
6
Other Parking Spaces:
6
Air Conditioning:
Wall Unit(s)
Foundation Size:
1,156 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
- Detached
- Parking Lot
Road Frontage:
- City Street
- Curbs
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.38
Geolocation:
45.111991, -93.190408
Inclusions:
Building, Land, Leases, Rental License
Lot Dimensions:
102 x 159 x 102 x 160
Zoning:
Residential-Multi-Family
Lot Description:
Some Trees
Schools
School District:
621
District Phone:
651-621-6001
Expenses
Annual Caretaker Expense:
$5,688
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$2,989
Annual Insurance Expense:
$5,643
Annual Gross Expense:
$16,446
Annual Trash Expense:
$2,400
Annual Water/Sewer Expense:
$1,878
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$11,818
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,818
Income
Annual Gross Income:
$102,792
Rent
Annual Net Income:
$86,346
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Common
Water System:
City Water - In Street
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.