For Sale: Mounds View MLS# 6622122
Active
$899,900
Commercial: Apartments
Built 1964
0.38 acres
Mounds View schools
MLS# 6622122
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Property Description
Turn key, beautifully remodeled 6 unit apartment building. Fully remodeled building with 5- 2 bedroom units and 1 -1 bedroom unit. 6 garage stalls and 6 outside parking spaces. Stainless steel kitchens, granite counter tops, white cabinets, updated bathrooms, LVP flooring, new AC units in each unit, boiler has been certified. This is ready to go. Utility expenses and management are based on actual costs. Roof is 6 years old.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$899,900
Property Type:
Commercial
City:
Mounds View
Garage Spaces:
6
County:
Ramsey
Year Built:
1964
State:
MN
Property Style:
Apartments
Zip Code:
55112
Subdivision Name:
Section 5 Town 30 Range 23
Interior
Ceiling Height:
8-10
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Exhaust Fan
- Range
- Refrigerator
- Stainless Steel Appliances
Exterior
Stories:
Two
Garage Spaces:
6
Other Parking Spaces:
6
Air Conditioning:
Wall Unit(s)
Foundation Size:
1,156 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
- Detached
- Parking Lot
Road Frontage:
- City Street
- Curbs
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.38
Geolocation:
45.111991, -93.190408
Inclusions:
Building, Land, Leases, Rental License
Lot Dimensions:
102 x 159 x 102 x 160
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
621
District Phone:
651-621-6001
Expenses
Annual Caretaker Expense:
$5,688
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$2,989
Annual Insurance Expense:
$5,643
Annual Gross Expense:
$16,446
Annual Trash Expense:
$2,400
Annual Water/Sewer Expense:
$1,878
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$12,132
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,130
Income
Annual Gross Income:
$106,440
Rent
Annual Net Income:
$67,295
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Common
Water System:
City Water - In Street
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.