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Listing 4 out of 1,252
Sold for $3,420,000 Sold

4259 W Broadway Avenue
Robbinsdale, MN 55422

36 units |

Commercial: Commercial - MLS# 5022494
Property Photo

Sold

Sold for $3,420,000 on Apr 25, 2019

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.

Features

  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Sold
  • Listing Price: $4,140,000
  • County/Area: Hennepin County
  • Zip Code: 55422
  • Year Built: 1971
  • School District: 281 - Robbinsdale
  • Units: 36 units
  • Garage: Detached, 12-Car
  • Building Finished Square: 26340
  • Exterior: Brick/Stone
  • Foundation Size: 1
  • Fuel: Natural Gas
  • Heating: Forced Air, Baseboard
  • Lot Dimensions: Irregular
  • MLS ID: RMLS
  • Number Of 1 Bedroom Unit: 20
  • Number Of 2 Bedroom Unit: 15
  • Number Of Efficiencies: 1
  • Other Parking Spaces: 30
  • Parking Characteristics: Detached Garage, Driveway - Asphalt
  • Postal City: Robbinsdale (Mn)
  • Sale Includes: Building, Land, Leases
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Zoning: Residential-Multi-Family
  • Sold Price: 3420000
  • Sold Date: 2019-04-25 00:00:00
Courtesy of Gold Group Realty, LLC

Contact






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RE/MAX Elite 4037 W Broadway #204,
Robbinsdale, MN 55422
Office: 763-208-4212  sales@mnelite.com

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