Pending
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Pending

$615,000

0 Beds 0 Baths 0 SQFT 0.26 Acres
Type: Pending

4220 4th Street NE
Columbia Heights, MN 55421

MLS#: 7104548
Jen McKinnon
Jen McKinnon
The Real Estate Advantage
Agent
Phone: 612.384.1073
Office: 952.898.5800
Presented by: MRG Realty Partners, LLC

Property Description

 

Proactively maintained five-unit building on the western side of Columbia Heights’ Huset Park neighborhood. Easy access to NE Minneapolis amenities & I-694 via University Ave. The property is only blocks from Huset Park & numerous local neighborhood businesses on 40th Ave NE. The unit mix is one large 3BR plus four 2BR units, currently 100% occupied. Detail-oriented owners have kept this a solid & stable building. Major mechanicals already updated include: boiler (2022), water heater (2021) & electrical. Six off-street parking spaces. A new owner or manager can step into place & focus on cash flow instead of planning major repairs, on a building that has been cared for the right way by hands-on ownership. Great fit for an investor who wants a stable, fully occupied property that has actually been well maintained.


 

Interior Features

Other Interior Features

Basement (Y/N)No
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityColumbia Heights
ContingencyNone
CountyAnoka
Current UseResidential
DirectionsUniversity Ave to 44th Ave NE, one block east to 4th Street NE
Garage Spaces0
Gross Income75671
HeatingBoiler
High School DistrictColumbia Heights
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
Net Operating Income46962
New ConstructionNo
Number Of Units Total5
Operating Expense28709
PostalCityColumbia Heights
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameRear Bl C Col Heights Annex
Tax Annual Amount$10,413
Tax Year2026
Tenant PaysElectricity
UtilitiesElectric Separate, Heating Common
Year Built1961
Zoning DescriptionResidential-Multi-Family

Exterior

Foundation Area1,632 sqft
InclusionsBuilding, Land
Lot Dimensions7 x 150
Lot Size Area0 sqft
Parking FeaturesParking Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$615,000

0 Beds 0 Baths 0 SQFT 0.26 Acres
Type: Pending

4220 4th Street NE
Columbia Heights, MN 55421

MLS#: 7104548
Jen McKinnon
Jen McKinnon
The Real Estate Advantage
Agent
Phone: 612.384.1073
Office: 952.898.5800