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Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,116 sqft
Price per Sqft $162
Subdivision Forest Pines 3Rd Add
MLS Listing ID 6590650
Sold Date 12/04/24
Year Built 1995
Annual Tax Amount $7,813
Tax Year 2024
Contingent None
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 85x26, 85x30, and 85x38
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
Rooms
Basement Finished, Partially Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Spaces 6.0
Building
Story Two
Foundation 1874
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Block,Vinyl Siding
New Construction false
Schools
School District Anoka-Hennepin
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