7116 Cedar Avenue S, Richfield, MN 55423 | MLS 5687686 | Listing Information | BHHS Advantage - Owatonna Real Estate

7116 Cedar Avenue S,  Richfield MN, 55423

(Active)
$660,000
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MLS# 5687686
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Last Updated: 11/28/2020 1:24 AM
Description for 7116 Cedar Avenue S Richfield, MN 55423
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.
Price
$660,000
Engberg Walden 2nd Add
Hennepin
5687686
Active
Description
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.
Listing Information
Property Type: Apartment, Other
0 0.39 Acres 1959
2,400 Sq. Ft. Yes-7 spaces Brick,Stone,Stucco
28//
Engberg Walden 2nd Add
4,800 Sq. Ft. (approx)
2400
City Water/Connected
City Sewer/Connected
7 Total
Residential
None
Neighborhood
School Information
District: Richfield
Room Information
Coin-op Laundry Owned
Interior Features
Range,Cooktop,Refrigerator,Freezer,Washer,Dryer
Wall Unit(s)
Gas Heat, Electric Heating, Baseboard
Exterior / Lot Features
7 Garage Spaces, 14 Parking Spaces, 7 Covered Parking Spaces, Detached,Asphalt, Parking Open - 7
Stucco, Brick, Stone
Asphalt
120x139
Residential-Multi-Family
Irregular Lot
Driving Directions
S on Cedar, exit Diagonal Blvd., S 2 blocks.
Financial Considerations
$10,976
Building

Richfield Real Estate

Richfield is located in Minnesota. Richfield, Minnesota 55423 has a population of 36,234.

The median household income in Richfield, Minnesota 55423 is $48,957. The median household income for the surrounding county is $60,003 compared to the national median of $50,013. The median age of people living in Richfield 55423 is 38 years.

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Courtesy: RE/MAX Results
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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. This broker is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice.
This content last refreshed on 11/28/2020 1:24 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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