7116 Cedar Avenue, Richfield, Minnesota, 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.

Active

$660,000

Condo/ Townhome/ Apartment

MLS

5687686

Built in 1959

Engberg Walden 2nd Add

10976 (2020)

Listing Courtesy of RE/MAX Results ,

Disclaimer: The information contained in this listing has not been verified by RE/MAX Results and should be verified by the buyer.

Information provided by NorthstarMLS

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ADDRESS & DIRECTIONS

  • Street Address: 7116 Cedar Avenue
  • City: Richfield
  • State: Minnesota
  • County: Hennepin
  • Subdivision: Engberg Walden 2nd Add
  • Directions:
    S on Cedar, exit Diagonal Blvd., S 2 blocks.

PROPERTY FEATURES

General Information

  • Current Use : Residential
  • Zoning Description : Residential-Multi-Family

Heating /Cooling Features

  • Heating : Baseboard
  • Cooling : Wall Unit(s)

Interior Features

  • Appliances : Range,Cooktop,Refrigerator,Freezer,Washer,Dryer

Parking Features

  • Parking Features :
  • Garage Spaces: 7

Construction Features

  • Construction Materials : Stucco,Brick/Stone
  • Foundation Area : 2400

Utility Information

  • Utilities : Heating Common
  • Water Source : City Water/Connected
  • Sewer System : City Sewer/Connected

SCHOOLS NEAR 7116 Cedar Avenue

  • Courtesy of RE/MAX Results ,
  • Property last updated on NorthstarMLS : 11/29/2020 1:32:23 AM