7116 Cedar Avenue S

$660,000
7116 Cedar Avenue S, Richfield, MN 55423

7116 Cedar Avenue S

$660,000

Turn key 7 unit! Incredible investment opportunity to own this beautiful apartment that boasts a new boiler, water heaters, updated electric, and new windows throughout. All units are currently occupied and come with a separate storage locker and 1 car garage! Seven 1-bedroom units. Great rental history in a convenient location near the Mall of America, the airport, and more! Coin operated laundry is owned. See supplements for current lease information.
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Features & Amenities

Interior

Appliances Range, Cooktop, Refrigerator, Freezer, Washer, Dryer

Exterior

Garage Space 7
Water Source City Water/Connected
Utilities Heating Common
ROOF Asphalt, Age 8 Years or Less
Lot Features Irregular Lot
Parking Detached, Asphalt
Heat type Baseboard
Air Conditioning Wall Unit(s)
Sewer City Sewer/Connected
Substructure Stucco, Brick/Stone
HOA Amenities Coin-op Laundry Owned

Area & Lot

Status Sold
LOT SIZE 0.39 Acres
MLS® ID 5687686
Type COMMERCIAL
Year Built 1959
HIGH SCHOOL Richfield

Financial

SALES PRICE $660,000
REAL ESTATE TAXES $10,976

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Work With Mariah

Mariah prides herself on providing individualized and concierge-level service to each of her clients. She understands that only a caring and committed real estate professional can help home buyers and sellers achieve their goals, and she is passionate about meeting that demand.

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