Therese Anderson - Coldwell Banker South Metro
4259 W Broadway Ave
Robbinsdale, MN 55422

$4,140,000

Description

Well maintained 36 unit building in an Opportunity Zone in the heart of Robbinsdale. 32 of 36 units have been updated, with all windows replaced approximately 8 years ago. Opportunity knocks to increase rents to market value. Great potential for increased value if blue line light rail project is approved, with nearby stop. Fully occupied. Coin operated laundry machines are rented, service contract to be included in the sale.

Details

MLS#5022494
Sub-TypeResale
StatusActive
Year1971
Days On Site10

Features

SQ Feet26,340
Story(s)1
Units36
ZoningResidential-Multi-Family

Market Activity 55422

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Area Information

StateMN
CountyHennepin
CityRobbinsdale
Zip Code55422
AreaRobbinsdale (MN)
Listing VS Median (in 55422)
Price:
$4,140,000
low | high
Med:
$269,950
100% of Average
SqFt:
26,340
low | high
Med:
2,144
100% of Average
$ / SqFt:
$157
low | high
Med:
$127
69.464904296605% of Average
On Site:
10
low | high
Med:
61
16.393442622951% of Average
Listing Updated: 12/16/2018
MLS Number: 5022494
Listing Provided By:
Aaron Goldstein  of  Gold Group Realty LLC
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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