New Hope, MN 55428 7341 62nd Avenue N
$2,400,000
Pending
18 more
Presented By: Manarola LLC
SQFT • 22,000
Home Details
Entire complex of 16 Townhomes offered, all large 3BR 3-Level units with identical layout, including in-unit laundry and large backyard. These units are very attractive to renters. Tenants pay separately metered gas and electric. Tenants pay a majority of Water and Trash via Utility RUBS addendum. All 16 units are separate PIDs and so an HOA could be implemented; the units could be sold individually as townhomes, or retained as a multi-family rental complex. Agent is Owner.
Presented By: Manarola LLC
Interior Features for 7341 62nd Avenue N
Other Interior Features
BasementPartially Finished
Basement (Y/N)Yes
FuelNatural Gas
General for 7341 62nd Avenue N
AccessibilityNone
Additional Parcels Description0511821210130, 0511821210129
Additional Parcels Y/NYes
AppliancesDishwasher, Microwave, Range, Refrigerator
CityNew Hope
Construction MaterialsBrick Veneer
ContingencyNone
CoolingCentral Air
CountyHennepin
Current UseResidential
DirectionsCheck your Google Maps.
Garage Spaces
Gross Income360000
HeatingForced Air
High School DistrictRobbinsdale
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
Net Operating Income180000
Number Of Units Total16
Operating Expense180000
PostalCityMinneapolis
Property SubtypeApartment
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameLincoln Manor
Tax Annual Amount28232
Tax Year2025
Tenant PaysElectricity, Gas, Trash Collection
UtilitiesElectric Separate, Heating Separate
Year Built1962
Zoning DescriptionResidential-Multi-Family
Exterior for 7341 62nd Avenue N
Building Area Total22000
Foundation Area11000
InclusionsBuilding, Land, Leases
Lot Dimensions240X490
Lot Size Area1.37
Parking FeaturesParking Lot
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent