Office
Mundfrom Properties
Tiffany Mundfrom
124 N Broadway Ave
Spring Valley, MN 55975
MLS# 6729876 - 5950 E River Road Fridley, MN 55432
Great 12 unit building in Fridley. six 1 bedroom apartments and six 2 bedroom apartments. Very large apartments. Each apartment has its own furnace and tenant pays their own heat. Fully occupied. Solid building. 1/2 block to Mississippi river and 1 block to Northstar rail line train station.
Summary
Type:
COM | Commercial Sale - Low Rise
Price:
$1,260,000
$120/sf
$3,000,000/acre
Transaction:
For Sale
Status:
Active
Contingencies:
None
Agent Owned:
Yes
Lender Owned:
No
Current Use:
Residential
Zoning:
Residential-Multi-Family
Square Footage:
10,500 sq ft
Lot Size:
0.42 acres
Year Built:
1961
Foundation:
3,500 sq ft
Stories:
Three Or More
Listed at:
Fri May 30 2025 5:00:00 AM
Listing Age:
24 days
School District:
14-Fridley | 763-502-5001
County:
Anoka
Building Details
In Home Details
Construction Material:
Brick/Stone, Stucco
Exterior
Siding:
Brick/Stone, Stucco
Utilites
Water:
City Water - In Street
Sewer:
City Sewer - In Street
Cooling:
Wall Unit(s)
Heating:
Boiler, Natural Gas
Property Details
Garage:
Asphalt, Open
Lot Dimensions:
128x143
Agent Owned:
Yes
Utilities:
Electric Separate, Heating Separate, Hot Water Common
Others
School Information
District Number:
14-Fridley
District Phone:
763-502-5001
Financial Considerations
Tax Property ID:
223024120003
Tax Amount:
$17,098 for 2024
Listing Data
Listed Price:
$1,260,000
First Listed at:
Fri May 30 2025 5:00:00 AM
Last Updated at:
Fri May 30 2025 12:01:03 PM
Contingencies:
None
Assessments:
No
Foreclosure:
No
Lender Owned:
No
Public Survey
Range:
24
Section:
22
Township:
30
Unit Information
Summary
Rental Units:
12
Financials
Total Yearly Income:
$156,000
Total Yearly Expenses:
$61,700
Owner Expenses:
Janitorial Service, Grounds Care, Sewer
Tenant Pays:
Electricity
Expenses
Land Lease Amount:
$0
Electricity:
$0
Gas/Fuel:
$0
Caretaker Cost:
$0
Maintenance:
$0
Operating:
$61,700
Trash:
$0
Sewer:
$0
Insurance:
$0
Manager:
$0
Utilities:
$0
Other:
$0
Unit 1
Monthly Rent:
$0
Expenses:
$0
Annual Rent:
$0
Actual Rent:
$0
Unit 2
Monthly Rent:
$0
Expenses:
$0
Annual Rent:
$0
Actual Rent:
$0
Unit 3
Monthly Rent:
$0
Expenses:
$0
Annual Rent:
$0
Actual Rent:
$0
Unit 4
Monthly Rent:
$0
Expenses:
$0
Annual Rent:
$0
Actual Rent:
$0
Unit 1
Monthly Rent:
$0
Unit 2
Monthly Rent:
$0
Unit 3
Monthly Rent:
$0
Unit 4
Monthly Rent:
$0
Unit 1
Monthly Rent:
$0
Unit 2
Monthly Rent:
$0
Unit 3
Monthly Rent:
$0
Unit 4
Monthly Rent:
$0
Unit 5
Monthly Rent:
$0
First Select is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Tiffany Mundfrom is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Tiffany Mundfrom, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jun 23 2025 8:43AM.
