2811 113th AVE NW Pending

Coon Rapids,MN 55433

$ 850000

- Bed

- Bath

5116 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 5,116 sqft

Price per Sqft $166

Subdivision Forest Pines 3Rd Add

MLS Listing ID 6590650

Year Built 1995

Annual Tax Amount $7,813

Tax Year 2024

Lot Size 3,049 Sqft

Property Description

Excellent Investment Opportunity! This RARE opportunity to own a meticulously maintained, turn-key side-by-side 3-unit building, BUILT IN 1995, is ready to generate income from day one Located in a prime location, each unit operates with separate utilities, including gas, electricity, and water meters, ensuring a smooth and hassle-free management experience. The property also features low-maintenance vinyl siding, open vaulted ceilings in the living rooms, and a two-car garage for each unit, combining convenience with style.

A truly low-maintenance investment, tenants are responsible for all utilities, including electric, gas, trash, water/sewer, and even take care of snow removal and lawn maintenance.

? Unit #2811 (4-bed/2-bath) has been recently updated with luxury vinyl flooring on the main and upper levels and newer carpet in the basement. In 2023, this unit was further upgraded with a new stainless steel refrigerator and stove, as well as a newer washer and dryer?making it perfect for attracting high-quality tenants!
? Unit #2815 (3-bed/2-bath) features luxury vinyl flooring throughout and was also upgraded in 2023 with a new stainless steel refrigerator and stove, providing modern amenities that make it highly desirable to prospective renters.
? Unit #2819 (4-bed/2-bath) offers recent updates as well, including luxury vinyl flooring on the main level and a new stainless steel stove and dryer installed in 2023, ensuring a contemporary and attractive living space.

The property also boasts a large, fully fenced backyard with a privacy fence, creating a secure and private environment that is highly appealing to residents.

Thanks to its excellent condition, recent updates, and strong rental history, this triplex is an outstanding investment opportunity that you won?t want to miss!

Location

State MN

County Anoka

Interior

Heating Forced Air

Exterior

Garage Spaces 6.0

Building

Story Two

Foundation 1874

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Block,Vinyl Siding

New Construction false

Schools

School District Anoka-Hennepin

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