5347 4th Street Northeast

Fridley, MN 55421

$459,900
Price
—
Beds
2,670 Sq. Ft.
$172 / Sq. Ft.
2,670
Sq. Ft.
$172
per Sq. Ft.

Description

This exceptional investment opportunity is back on the market! Due to the Buyers financing falling through at the last minute. All new electrical panels installed in each unit and the garage! Come check out this very affordable opportunity. This Triplex is a fantastic opportunity for investors seeking reliable, long-term rental income. Featuring three separate units, each with its own private entry, this property offers steady cash flow and excellent ROI potential. The area has shown consistent historical...This exceptional investment opportunity is back on the market! Due to the Buyers financing falling through at the last minute. All new electrical panels installed in each unit and the garage! Come check out this very affordable opportunity. This Triplex is a fantastic opportunity for investors seeking reliable, long-term rental income. Featuring three separate units, each with its own private entry, this property offers steady cash flow and excellent ROI potential. The area has shown consistent historical appreciation, and market trends suggest that demand for rental properties will continue to grow, driven by factors like [local job growth, new infrastructure, or increased demand for housing!] Units #1 & #3 have in-unit laundry, enhancing tenant convenience. Unit #2 offers 2 bedrooms, 1 bath, & an in-unit laundry. Each unit has its own separate exterior entrance, ensuring privacy and ease for tenants. The roof is less than 8 years old! The building is structurally sound, with some recent upgrades done in the last three months. Seller has made many improvements including New boilers, Fresh paint throughout, New carpet/flooring and so much more! 2-car detached garage included. Convenient location with easy access to highways, really close to the local park, shopping and many restaurants. Whether you're an experienced investor or a first-time buyer, this Triplex offers a turn-key opportunity to add a valuable asset to your portfolio. Quick closing desired. See supplements for full list of improvements. Make this be your final investment of the year!
  1. Listed by Realty ONE Group Choice

Property Details for 5347 4th Street Northeast

Subdivision Name
Hamiltons Add To Mechanics
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 12/20/2024 08:03 PM

Property Details for 5347 4th Street Northeast

StatusActive
MLS #6571664
Days on Compass19
Taxes$4,707 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1960
Lot Size0.20 AC / 8,712 SF
CountyAnoka County

Building Information for 5347 4th Street Northeast

Stories-Residences3Year Built1960Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 5347 4th Street Northeast

Summary
Location and General Information
  • City Name: Fridley
  • County Or Parish: Anoka
  • County: Anoka-MN
  • Directions: HWY 10 TO UNIVERSITY AVE NE, GO SOUTH ON UNIVERSITY AVE, THEN EAST ON 53RD AVE NE, NORTH ON 4TH ST NE, TRI-PLEX IS ON THE RIGHT HAND SIDE
  • Latitude: 45.065691
  • Longitude: -93.261255
  • Map Coordinate: 92-D1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Fridley
  • City and Location Text: Fridley(MN)
  • Postal Code: 55421
  • State Or Province: MN
  • Public Survey Township: 30
  • Topography: Walkout
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 233024340055
  • Tax Annual Amount: $4,707.00
  • Tax Legal Description: HAMILTONS ADDITION TO MECHANICSVILLE CITY OF FRIDLEY LOT 27-EX N 27 FT THEREOF-ALL OF LOT 26 & N 14 FT OF LOT 25 BLK 14 HAMILTONS ADD TO MECHANICSVILLE
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 4707.0000
School Information
  • High School District: 14 - Fridley
  • School District Number: 14
  • School District Phone: 763-502-5001
Property
Lot Information
  • Above Grade Fin SQFT: 1550.0
  • Below Grade Fin SQFT: 1120.0
  • SQFT Total: 2670.0
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 130 X 67
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • SQFT Main Total: 1550.0000
  • Building Area Total: 3100.0
  • Above Grade SqFt Total: 1550.0000
  • Below Grade SqFt Total: 1550.0000
Property and Assessments
  • Age Of Property: 64
Utilities
  • Electric: Fuses
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: Chain Link
  • Foundation Area: 1550.0
  • Fuel: Natural Gas
  • Road Frontage Type: Paved Streets
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Asphalt
Interior Features
  • Basement Type: Block, Finished, Partially Finished, Storage Space, Walkout
  • DP Resource: Y
  • Garage Dimensions: 24 X24
  • Garage Square Feet: 576
  • Heating: Baseboard, Boiler, Zoned
  • Levels: One
  • Number of Refrigerator: Three
  • Shared Rooms: Other
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Ceiling Fan(s)
  • Unit Appl: Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 225.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Room Spec: All Living Fac. on One Level
  • Unit Rooms Total: 4
  • Unit SqFt: 520
  • Unit Type Actual Rent: $825.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 11 x 15.5
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 10 x 12.5
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 9 x 15
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 5 x 9
  • Bedroom 4 Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 9900
  • Unit Furnished: No
Unit 2
  • Unit Amenities: Ceiling Fan(s)
  • Unit Appl: Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 250.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Room Spec: All Living Fac. on One Level
  • Unit Rooms Total: 5
  • Unit SqFt: 700
  • Unit Type Actual Rent: $1,235.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 13 x 15
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 5 x 7.5
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 11 x 11
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 9 x 15
  • Bedroom 4 Room Level: Main (Ground)
  • Kitchen Room Dimensions: 10 x 12
  • Kitchen Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 14820
  • Unit Furnished: No
Unit 3
  • Unit Amenities: Ceiling Fan(s)
  • Unit Appl: Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 225.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Room Spec: All Living Fac. on One Level
  • Unit Rooms Total: 4
  • Unit SqFt: 500
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 14.5 x 14
  • Bedroom 1 Room Level: Lower
  • Bedroom 2 Room Dimensions: 9 x 15
  • Bedroom 2 Room Level: Lower
  • Bedroom 3 Room Dimensions: 9 x 12.5
  • Bedroom 3 Room Level: Lower
  • Bedroom 4 Room Dimensions: 5 x 9
  • Bedroom 4 Room Level: Lower
  • Unit Level: Below Ground
  • Unit Type Total Rent: 9600
  • Unit Furnished: No

Property History for 5347 4th Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5347 4th Street Northeast

Taxable ValueLand$84,000Additions$231,400Total$315,400
Tax Record2024$4,903 ($409 / month)
Home Facts
Beds3Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size9,100 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1969CountyANOKAAPN23-30-24-34-0055

Schools near 5347 4th Street Northeast

This home is within Fridley Public School District.
Rating
School
Type
Grades
Distance
Stevenson Elementary School
Public - PK to 4
Fridley Middle School
Public - 5 to 8
Fridley Senior High School
Public - 9 to 12
Fridley Online Academy
Public - 7 to 12
Rating
School
Distance
Stevenson Elementary School
PublicPK to 4

Fridley Middle School
Public5 to 8

Fridley Senior High School
Public9 to 12

Fridley Online Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5347 4th Street Northeast, Fridley, MN 55421

5347 4th Street Northeast is a multi-family home for sale in Fridley, MN 55421. This property was listed for sale on October 23, 2024 by Realty ONE Group Choice, it's currently listed at $459,900. This listing's school district is Fridley Public School District. Nearby schools include Stevenson Elementary School, Fridley Middle School and Fridley Senior High School. 5347 4th Street Northeast is a 0-bed, 0-bath, 2,670 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty ONE Group Choice

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/20/2024 08:03 PM