REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 699,000
Est. payment /mo
New
5035 3rd ST NE Minneapolis, MN 55421
0.3 Acres Lot
UPDATED:
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
Listed by Victoria Yepez • National Realty Guild