Turn Key Solid building!

Awesome location. Brand new roof n 2018. 2 New Furnaces in 2017. New concrete sidewalk and stairs. Perfect for first time investor to occupy or fantastic to be added to existing portfolio.

Seller willing to carry with 25% down; current rate at 5% (Maturity Date 8/19/27) | 12%COC/ 17%ROI/ 8.7% Cap/ $1, 780 CF #LakeFrontRental #HartLake

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on 1733 37th Ave NE
in Columbia Heights, MN
Presented by Charity L Ashpole at
ATD Realty.


Property MLS #6531775 from NorthstarMLS

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+ Bedrooms

Bedrooms: 7

+ Other Rooms

Basement Features: Daylight/Lookout Windows, Egress Windows, Finished (Livable), Full, Owner Access, Walkout

+ Bathrooms

Full Bathrooms: 3

+ Heating and Cooling

Fuel Expense: 2460.96
Heating Features: Boiler
Heating Fuel: Natural Gas

+ Waterfront and Water Access

Water Body Name: Hart
Lake Front

+ Exterior and Lot Features

Stucco
Road Frontage Type: City, Curbs, Sidewalks
Road Responsibility: Public Maintained Road

+ Land Info

Land Lease Amount Frequency: No
Lot Description: Accessible Shoreline, Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Acres: 0.389
Lot Size Dimensions: S50*140*55L*165
Lot Size Square Feet: 16945

+ Garage and Parking

Carport Spaces: 2
Garage Spaces: 2
Parking Features: Assigned, Attached Garage, Driveway - Asphalt
Garage Dimensions: 24 x 22
Garage Sqft: 528

+ Homeowners Association

Association: No
Association Amenities: Coin-op Laundry Owned
Calculated Total Monthly Association Fees: 0

+ Rental Info

Gross Income: 72000.00

+ Multi-Unit Info

Number of Units: 3

+ School Information

School District: 13 - Columbia Heights
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Columbia Heights Senior High School is a public high school located approximately 1.4 miles away.
Map directions

Highland Elementary School is a public elementary school located approximately 1.4 miles away.
Map directions

Columbia Academy is a public middle school located approximately 1.6 miles away.
Map directions

Immaculate Conception School is a private elementary and middle school located approximately 1 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 5459.00
Source Listing Status: Active
County: Anoka
Directions: Hwy 35W N, Exit Johnson St NE, Right onto 37th Ave Ne, Home on Left
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 2543.72
Source Neighborhood: Aud Sub Waltons Sunny Ac 3rd
Parcel Number: 363024430025
Subdivision: Aud Sub Waltons Sunny Ac 3rd
Zoning: Residential-Multi-Family
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$240,700 + $69,500 $310,200	$5,314
2021	$225,500 + $63,500 $289,000	$5,293

+ Reveal Property Sale History

Price Changed 2024-06-13
$559,900
NorthstarMLS

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Listed 2024-05-07
$619,900
NorthstarMLS

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Sold 2021-10-04
$265,000
Public Record

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Sold 2016-02-29
$261,000
Public Record

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Sold 2009-02-24
$126,990
Public Record

+ Commercial Info

Net Operating Income: 55378.16
Operating Expense: 16621.84

+ Building and Construction

Total Square Feet Living: 3364
Above Grade Finished Area: 1920
BelowGradeFinishedArea: 1444
Foundation Area: 1920.00
Property Age: 61
Property Condition: Previously Owned
Roof: Age 8 Years or Less
Levels or Stories: 1
Total Above Grade Sqft Area: 1920.00
Total Area Main: 1920.00
Total Below Grade Area: 1920.00

+ Utilities

Electric: 200+ Amp Service
Electric Expense: 2848.92
Sewer: City Sewer/Connected
Water Sewer Expense: 2543.72
Water Source: City Water/Connected