Minneapolis, MN 55428 5531 Maryland Avenue N
$899,900
29 more
Presented By: Keller Williams Premier Realty
Beds • 2
Baths • 1
SQFT • 5,536
Garage • 8
Home Details
Fantastic opportunity to own a turn-key, fully rented four-plex conveniently located in New Hope. 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.
Presented By: Keller Williams Premier Realty
Interior Features for 5531 Maryland Avenue N
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
Above Grade Finished Area2756
BasementFinished, Full, Single Tenant Access, Storage Space, Walkout
Basement (Y/N)Yes
Below Grade Finished Area2780
FuelNatural Gas
Garage Dimensions19 x 20
Garage Square Feet1520
Laundry FeaturesElectric Dryer Hookup, Gas Dryer Hookup, Lower Level, Laundry Room, Sink, Washer Hookup
General for 5531 Maryland Avenue N
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesOther, Patio
CityNew Hope
Construction MaterialsBlock, Brick, Frame
ContingencyNone
CountyHennepin
DirectionsBass Lake Road to Maryland Avenue, South on Maryland Avenue to home.
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces8
Gross Income77940
HeatingForced Air
High School DistrictRobbinsdale
Insurance Expense6930
Land Lease Y/NNo
Lender OwnedNo
LevelsSplit Entry (Bi-Level)
Living Area5536
Lot Size UnitsAcres
MaintenanceExpense1800
New ConstructionNo
Number Of Units Total4
Operating Expense0
OwnerPaysExterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Management, Roof Maintenance, Snow Removal, Taxes, Trash Collection
Pool FeaturesNone
PostalCityMinneapolis
Property SubtypeFourplex
Property TypeResidential Income
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameChurch View Estates
Tax Annual Amount11668
Tax Year2025
Tenant PaysBroadband, Cable TV, Electricity, Gas, Insurance, Telephone, Sewer, Water
TopographyLevel
Trash Expense901
Water Sewer Expense0
Year Built1979
Zoning DescriptionResidential-Multi-Family
Exterior for 5531 Maryland Avenue N
Building Area Total5800
FencingNone
Foundation Area3044
Lot Dimensions128 x 188
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0.55
Parking FeaturesAttached Garage, Asphalt, Garage Door Opener
Road Frontage TypeCity Street, Curbs, Paved Streets
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent