$799,900/mo

228 40th Avenue NE, Columbia Heights, MN 55421

  • 6,500 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $123/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Fully rented and updated 8-unit apartment building; 7 two-bedrooms and one studio! Recent updates include a newer boiler, windows, washer/dryer with credit card reader, and new flooring in many units. Enjoy a 7.5% CAP rate at current rents, and some units are renting below market rates.

Listing Status:
Active
Listing Office:
RE/MAX Results : 952-848-2400
MLS ID:
6739026
  • Heating: BaseboardBoiler

This listing courtesy of RE/MAX Results

Location

Schools Nearby

V

Valley View Elementary School

800 49th Ave NE, Minneapolis, MN, 55421

Grades PK-5

1.28 miles away

C

Columbia Academy Anchor Program

900 49th Ave NE, Minneapolis, MN, 55421

Grades 6-8

1.30 miles away

C

Columbia Heights High School

1400 49th Ave NE, Minneapolis, MN, 55421

Grades 9-12

1.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.