For more information regarding the value of a property, please contact us for a free consultation.
5347 4th ST NE Fridley, MN 55421
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,670 sqft
Price per Sqft $168
Subdivision Hamiltons Add To Mechanics
MLS Listing ID 6571664
Year Built 1960
Annual Tax Amount $4,707
Tax Year 2023
Lot Size 8,712 Sqft
Property Sub-Type Triplex
Property 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 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!
Location
State MN
County Anoka
Zoning Residential-Multi-Family
Rooms
Family Room Other
Interior
Heating Baseboard, Boiler, Zoned
Exterior
Parking Features Asphalt, Shared Driveway
Garage Spaces 2.0
Fence Chain Link
Roof Type Age 8 Years or Less,Asphalt
Building
Story One
Foundation 1550
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco
New Construction false
Schools
School District Fridley
Read Less
GET MORE INFORMATION
- Executive Twin Cities Homes
- Executive Twin Cities Condos Town Homes
- Land for Twin Cities New Construction
- New Construction Twin Cities Homes
- Lake Homes Minnesota
- Twin Cities Luxury Homes
- Edina Minnesota Homes for sale
- Minnetonka School District Homes for sale
- Minnetonka Minnesota Homes for sale
- Lake of the Isles Homes for sale
- Bryn Mawr Minnesota Homes for sale
- Wayzata Homes for sale
- North Minneapolis Homes for sale
- Interlachen Park Neighborhood Edina MN Homes for sale
- Lowry Hill Neighborhood Minneapolis MN Homes for sale
- Orono Public School District - Homes for sale in the Orono Minnesota School District
- Eden Prairie School District - Homes for sale in the Eden Prairie Minnesota School District
- Edina School District - Homes for Sell in the Edina Minnesota School District
- Wayzata School District - Homes for sell in the Wayzata Minnesota School District
- Minnetonka School District - Homes for sell in the Minnetonka, Minnesota School District