$759,900

4550 Madison Street NEColumbia Heights, MN 55421

Type: Multi-Family

4 Units

Description

Fantastic investment opportunity, all 4 units have 3 bedrooms per unit for a total of 12 bedrooms. located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit (4 forced air furnaces, 4 Central air units, 4 gas meters, 4 electric meters). Central air in all units (2010), New Soffits, facia and gutters (2018) 2 coin operated washers and 2 dryers for extra income. 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. Don't miss this one!

MLS ID: 6383703

Directions: University ave to 44th Ave East to Madison St NE, north 2 blocks to property on the left in the cul-de-sac

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Property Details

Essential Details

MLS #: 6383703

Listing courtesy of: RE/MAX Results

Price: $759,900

Type: Multi-Family

Contingency: None

Foreclosure: No

Total Units: 4

Annual Gross Income: $79,800

Annual Gross Expense: $0

Annual Electric Expense: $636

Tenant Pays: Cable TV, Electricity, Fuel

Owner Pays: Insurance, Repairs, Taxes, Trash Collection

Parking Features: Paved

Building Details

Owner Occupied: No

Finished SqFt Total: 3,840

Finished Above Grade: 1,920

Finished Below Grade: 1,920

Fireplace: No

Construction Materials: Brick/Stone, Stucco

AccessibilityFeatures: None

Roof: Asphalt

Heating: Forced Air

Electric: Circuit Breakers

Style: Quadruplex

Foundation Area: 1,920

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Ranges: Four

Number of Refrigerators: Four

Lot Details

Complex/Dev/Sub Name: Julian Johnson Add

Lot Dimensions: 62x118x118x163

Road Frontage: City Street, Cul De Sac

School Information

District: Columbia Heights

District Number: 13

District Phone: 763-528-4500

Community Information

County: Anoka

Survey Range: 24

Survey Section: 26

Survey Township: 30

Taxes

Tax Year: 2023

Tax Amount: $6,388

Assessment Pending: No

Taxes w/Assessments: $6,388

This listing was last updated by RE/MAX Results on 9/10/2024 at 11:23 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/4/2024 3:05 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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