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5531 Maryland Avenue N, Minneapolis, MN 55428

Status: Sold

4 units
5,536 sq ft 8 garage spaces

$865,000

$30,000 from List Price

WELCOME HOME

Get to know this property.

Fantastic opportunity to own a turn-key, fully rented four-plex with great cash flow. Conveniently located in a nice New Hope neighborhood. This property feels more like four townhomes rather than your typical 4-plex making it very desirable for renters. Each renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard and two patios shared by two units. Don't miss this fantastic opportunity for a great income producing investment property!

The details that matter.

General Property Information for 5531 Maryland Avenue N, Minneapolis, MN 55428 - MLS# 6824795
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
1
Size and Multi Family Residence
Year Built:
1979
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
Split Entry (Bi-Level)
Total SqFt:
5,536
Total Fnsh'd SqFt:
5,536
Above Ground SqFt:
2,756
Finished Above Grade:
2,756
Below Ground SqFt:
3,044
Finished Below Grade:
2,780
Garage Stalls:
8
Garage SqFt:
1,520
Main Floor SqFt:
0
Approx Lot Dimensions:
128 x 188
Approx Number of Acres:
0.55
Income and Expenses
Gross Income:
$77,940
Total Expenses:
$0

A closer look at the location.

Bass Lake Road to Maryland Avenue, South on Maryland Avenue to home.

This listing has been entered by the following office: Keller Williams Premier Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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