7116 Cedar Avenue S

Estimated Monthly Payment: $3,924/mo 7116 Cedar Avenue S, Richfield, MN 55423 MLS# 5687686 Commercial Listing Status: Active
4,800 sqft

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REMARKS:

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.

OVERVIEW:

Commercial
Active
Inspection
Apartments/Multi Family
Engberg Walden 2nd Add
1959
4800
0.39
Stucco, Brick/Stone
Asphalt Shingles, Age 8 Years or Less
7
Wall
Baseboard
Natural Gas
120x139
Irregular Lot
Heating Common
City Water/Connected
City Sewer/Connected
Residential

FEATURES:

Coin-op Laundry Owned
Range, Cooktop, Refrigerator, Freezer, Washer, Dryer
Building

SCHOOLS:

Richfield

FINANCIAL:

$660,000
$10,976
2020

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity  Courtesy of RE/MAX Results 

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home evaluation.

Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Simply Sold shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2020  Northstar MLS. All rights reserved. Data last updated 12/02/2020, 1:11:01 PM.