For Sale: Little Canada MLS# 6719335
Active
NEW!
$725,000
Multi-family: Four Plex
Built 1983
4,176 sqft • 0.43 acres
Roseville schools
MLS# 6719335
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Property Description
A potential cash cow! Annual Gross Income of over $83k, with opportunity to increase! 3 of the 4 units in this building have been renovated, with the 4th vacant and ready to upgrade! This property provides a history of great rents and the ability to increase value even more through the renovation of the 4th unit, which does need some TLC. Many of the building's major systems have been updated in the past 6 years including most of the water heaters, HVAC systems and appliances. At nearly a 1% rule, and on a road mixed with single family and multifamily, this property is a gem of Little Canada and your best option to own a 4plex outside of the big cities. Buy it as an owner occupant or as a full rental, either way its primed to be a great addition to any new owner! Two vacant units are available to tour: 2578 (Upper Right), 2576 (Lower Left).
Listing
Listing Status:
Active
Contingency:
None
List Price:
$725,000
Price per sq ft:
$174
Property Type:
Multi-family
City:
Little Canada
Garage Spaces:
6
County:
Ramsey
Year Built:
1983
State:
MN
Property Style:
Four Plex
Zip Code:
55117
Subdivision Name:
Hilltop Add
Interior
Finished Area:
4,176 ft2
Living Area:
4,176 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Daylight/Lookout Windows
- Drain Tiled
- Egress Window(s)
- Finished
Exterior
Stories:
Two
Garage Spaces:
6
Foundation Size:
2,088 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached
Shared Amenities:
Laundry
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.43
Geolocation:
45.019101, -93.097581
Lot Dimensions:
0.430/18, 731
Zoning:
Residential-Multi-Family
Schools
School District:
623
District Phone:
651-635-1600
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,490
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,490
Income
Annual Gross Income:
$83,460
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Wits Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.