2811 113th Avenue NW
Coon Rapids, MN 55433
Price: $850,000
Excellent Investment Opportunity! This RARE opportunity to own a meticulously maintained, turn-key side-by-side 3-unit building, BUILT IN 1995, is ready to generate income from day one Located in a prime location, each unit operates with separate utilities, including gas, electricity, and water meters, ensuring a smooth and hassle-free management experience. The property also features low-maintenance vinyl siding, open vaulted ceilings in the living rooms, and a two-car garage for each unit, combining convenience with style.
A truly low-maintenance investment, tenants are responsible for all utilities, including electric, gas, trash, water/sewer, and even take care of snow removal and lawn maintenance.
• Unit #2811 (4-bed/2-bath) has been recently updated with luxury vinyl flooring on the main and upper levels and newer carpet in the basement. In 2023, this unit was further upgraded with a new stainless steel refrigerator and stove, as well as a newer washer and dryer—making it perfect for attracting high-quality tenants!
• Unit #2815 (3-bed/2-bath) features luxury vinyl flooring throughout and was also upgraded in 2023 with a new stainless steel refrigerator and stove, providing modern amenities that make it highly desirable to prospective renters.
• Unit #2819 (4-bed/2-bath) offers recent updates as well, including luxury vinyl flooring on the main level and a new stainless steel stove and dryer installed in 2023, ensuring a contemporary and attractive living space.
The property also boasts a large, fully fenced backyard with a privacy fence, creating a secure and private environment that is highly appealing to residents.
Thanks to its excellent condition, recent updates, and strong rental history, this triplex is an outstanding investment opportunity that you won’t want to miss!
Basic Features:
| Style |
Triplex |
| Type |
Residential Income |
| Year Built |
1995 |
| School District |
Anoka-Hennepin |
| County |
Anoka |
| Lot Size |
85x26, 85x30, and 85x38 |
| Acreage |
0.07 acres |
| Garage |
6 Car 20x24 |
| Above Grade |
3,666 sq ft |
| Below Grade |
1,450 sq ft |
| Number of Units |
3 |
| Tax $ / Year |
$7,813 / 2024 |
| Tax ID |
|
| Legal Description |
|
Additional Features
| Government Programs |
|
| Section |
16 |
| Terrain Type |
|
| Basement |
Finished,Partially Finished |
| Driveway |
|
| Exterior Features |
Block,Vinyl Siding |
| Foundation |
1874.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Forced Air |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Exterior Construction |
|
| Laundry |
N |
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