5035 3rd ST NE, Minneapolis, MN 55421
5035 3rd ST NE, Minneapolis, MN 55421
5035 3rd ST NE, Minneapolis, MN 55421
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$699,000
Est. payment /mo
0.3 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Carlsons Summit Manor South

MLS Listing ID 7118467

Year Built 1959

Annual Tax Amount $10,288

Tax Year 2026

Contingent None

Lot Size 0.298 Acres

Lot Dimensions 76 x 157

Property Description

Excellent investment opportunity featuring a well-maintained 7-unit multifamily property offered at an attractive 8.5% cap rate. The property consists of seven (7) one-bedroom units and has benefited from numerous capital improvements, including a new roof, new mini-split heating and cooling systems throughout, newer windows, updated interiors, ample off-street parking, and on-site storage.

Location

State MN

County Anoka

Zoning Residential-Multi-Family

Interior

Heating Boiler, Other

Cooling Ductless Mini-Split

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate

Present Use Residential

Building

Story Two

Foundation 3072

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Fridley


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Listed by Victoria Yepez • National Realty Guild

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David Broll

David Broll

+1(320) 583-8795

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