Tom Engel - Managing Broker

Tom Engel - Managing Broker

(763) 416-2423



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5531 Maryland Avenue N, New Hope, MN 55428

$899,900
SQUARE FEET 5,536
MLS# 6824795
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Tom Engel - Managing Broker

Tom Engel - Managing Broker
Call: (763) 416-2423

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Church View Estates
SCHOOL: Robbinsdale
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Property Description

Fantastic opportunity to own a turn-key, fully rented four-plex conveniently located in a great New Hope neighborhood. This property feels more like four townhomes rather than your typical 4-plex. Renter pays gas, electric, water and sewer. All units have separate utilities and meters. Property has a common backyard and two patios shared by two units. Don't miss this fantastic opportunity for a great income producing investment property!

5531 Maryland Avenue N | MLS# 6824795

This multi-family property located at 5531 Maryland Avenue N, New Hope, MN 55428 is currently listed for sale with an asking price of $899,900. Maryland Avenue N is located within the Robbinsdale school district. Search New Hope real estate on tengel.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full, Single Tenant Access, Storage Space, Walkout
Basement: Yes
Garage: 8
Heating: Forced Air
Lot Size: 0.55 Acres
Roof Type: Age Over 8 Years, Asphalt
Taxes: $11,668
Year Built: 1979

Feature Descriptions

Days on Site: 95
Exterior: Block, Brick, Frame
Foundation Size: 3044
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 128 x 188
Owners Expense: Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Management, Roof Maintenance, Snow Removal, Taxes, Trash Collection
Parcel#: 0511821340076
Parking: Attached Garage, Asphalt, Garage Door Opener
Road Frontage: City Street, Curbs, Paved Streets
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Insurance, Telephone, Sewer, Water
Units: 4
Water: City Water/Connected

Local Schools

School District: Robbinsdale

Listed By / Shown By

Listed By

Shown By

Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty

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Estimated Payment

$ 6,024.45 per month $4,789.65 Principal & Interest $972.33 Property Tax $262.47 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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