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$619,900

8 Beds 4 Baths 3,472 SQFT 0.30 Acres
Type: Multi-Family

5101 56th Avenue N
Crystal, MN 55429

MLS#: 7121121
Steve Howe
Steve Howe
The Real Estate Advantage
Agent
Phone: 952.607.1222
Office: 952.898.5800
Presented by: BRIX Real Estate

Property Description

 

Terrific opportunity to own a 4-plex in an area where they rarely hit the market. This solid, turn-key building offers 4 identical units – each of which is 2 bedrooms, 1 bath, and 742 SF. This gem is located on a 13K SF lot – [yes….a lot that is over 13,000 SF] – and literally just steps to Twin Oaks Park. Recent updates include 4 brand new furnaces, 4 brand new hot water heaters, a new roof in 2023 and numerous appliances in various units. All units have their own furnace and central A/C unit [no window A/C units here] Add’l revenue streams include coin operated laundry and 2 garage stalls. There is ample off street parking in addn to the garages. Located on a bus line – this property is located 4/10 of a mile from Twin Lakes, and 8/10 of a mile from the MAC Wildlife Area. One unit is intentionally vacant for a potential owner occupant. Easy access to Highways 100, 694, and 94.


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area1,736 sqft
BasementDaylight/Lookout Windows, Finished
Basement (Y/N)Yes
Below Grade Finished Area1,736 sqft
FuelNatural Gas
Garage Dimensions24x24
Garage Square Feet576
Laundry FeaturesCommon Area, Lower Level, Laundry Room

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned, Patio, Security Building
Carport Spaces0
CityCrystal
Construction MaterialsBlock
ContingencyNone
CountyHennepin
DirectionsCnty Rd 81 to Bass Lake Road, East to Regent Ave N. Property located at the intersection of Bass Lake Road and Regent Ave N
Electric200+ Amp Service
Electric Expense1200
Fuel Expense350
Garage Spaces2
Gross Income0
HeatingForced Air
High School DistrictRobbinsdale
Insurance Expense4000
Land Lease Y/NNo
Lender OwnedNo
LevelsSplit Entry (Bi-Level)
Living Area3,472 sqft
Lot Size UnitsAcres
MaintenanceExpense1500
Net Operating Income0
New ConstructionNo
Number Of Units Total4
Operating Expense0
Pool FeaturesNone
PostalCityCrystal
Property SubtypeFourplex
Property TypeResidential Income
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameTwin Oak Terrace
Tax Annual Amount$10,426
Tax Year2026
Tenant PaysCable TV, Electricity, Gas, Other
Trash Expense700
Water Sewer Expense1600
Year Built1960
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,472 sqft
FencingPartial
Foundation Area1,736 sqft
Lot Dimensions176x74
Lot FeaturesCorner Lot
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Parking Lot
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
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

$619,900

8 Beds 4 Baths 3,472 SQFT 0.30 Acres
Type: Multi-Family

5101 56th Avenue N
Crystal, MN 55429

MLS#: 7121121
Steve Howe
Steve Howe
The Real Estate Advantage
Agent
Phone: 952.607.1222
Office: 952.898.5800