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Key Details
Sold Price $2,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Emery Village 4Th Add
MLS Listing ID 6387838
Year Built 2017
Annual Tax Amount $32,240
Tax Year 2023
Lot Size 1.480 Acres
Property Description
8 Unit Apartment/Townhouse style building built in 2017. Fully rented in high-demand Champlin with room to increase rents. Currently leased as apartments and all owned by the same Seller, but developed with the flexibility to become townhomes. All units have 3 bedrooms and 3 bathrooms. The floor plan layouts on these 8 units consist of the following: Main level: 2 car garage, mechanical, and foyer entrance. 2nd Floor: great room, spacious kitchen, ½ bath, and 1 of the 3 bedrooms for the interior units. 3rd floor: The 4 Interior units on the 3rd floor have 2 bedrooms additional bedrooms on the 3rd floor, 1 large bathroom, walk-in closet, and in-unit laundry. The 4 End units on the 3rd floor have all 3 bedrooms on the 3rd level including a master bedroom with an attached master bathroom and walk-in closet, another full bath, and in-unit laundry. Finished square footage from 1,665-1,779 SF per unit. This building has a total of 17,940 SF built on 1.48 acres.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Attached Garage
Garage Spaces 16.0
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Age Over 8 Years,Asphalt,Pitched
Building
Lot Description Irregular Lot
Story Three Or More
Foundation 17940
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Shake Siding,Vinyl Siding
Schools
School District Anoka-Hennepin
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Michael Smith
Broker Associate | License ID: 40184871
Broker Associate License ID: 40184871



