5035 3rd Ne Street, Fridley, Minnesota 55421

MN, Fridley
$699,000
  • Commercial Sale Property Type
  • 1959 Year Built
  • Active Status
See All 13 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Excellent investment opportunity featuring a well-maintained 7-unit multifamily property offered at an attractive 8.5% cap rate. The property consists of seven (7) one-bedroom units and has benefited from numerous capital improvements, including a new roof, new mini-split heating and cooling systems throughout, newer windows, updated interiors, ample off-street parking, and on-site storage.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7118467
  • Price: $699,000
  • Year Built: 1959
  • Listing Status: Active
  • Office Name: National Realty Guild
Features
  • Heating System Other,Boiler
  • Cooling System Ductless Mini-Split
  • Parking Parking Lot
  • Utilities Electric Separate
  • Exterior Features Stone
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Anoka
  • City Fridley
  • Zipcode 55421
  • Street: 3rd
  • Street Number: 5035
  • Street Suffix: Street
  • Longitude: W94° 44' 10.5''
  • Latitude: N45° 3' 35.2''
  • Directions: Central Ave NE to 52nd Ave NE. East on 52nd Ave NE to 3rd St NE. South to property.
  • Street Dir Suffix: NE
Neighborhood
  • High School District: Fridley
MLS Addon
  • Office Name: National Realty Guild
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Current Use: Residential
  • Foundation Details: Block
  • Levels: Two
  • Lot Size Dimensions: 76 x 157
  • Number Of Units Total: 7
Financial
  • Tax Annual Amount: 10288.62
Listing Information
  • List Agent Mls Id: 502043883
  • List Office Mls Id: 10669
  • Modification Timestamp: 2026-07-29T22:54:06Z
  • Originating System Name: NorthStar
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