Richfield, MN 55423 6413 Pleasant Avenue
$1,349,900
28 more
Presented By: Apartment Cash Flow, Inc.
SQFT • 11,400
Home Details
PLEASANT AVENUE APARTMENTS IS A VERY CLEAN AND WELL MAINTAINED 11-UNIT LOCATED IN THE HEART OF RICHFIELD, MINNESOTA. THE OWNERSHIP GROUP HAS COMPLETED 10 OF THE 11 UNITS WITH HIGH END KITCHEN REMODELS INCLUDING NEWER CABINETS, COUNTER TOPS, AND ENERGY EFFICIENT STAINLESS STEEL APPLIANCE PACKAGES WITH DISHWASHERS. TWO OF THE APARTMENTS HAVE BUILT-IN MICROWAVES. EXTERIOR UPDATES INCLUDE NEWER WINDOWS, FACIA AND GUTTERS, A NEWER ROOF REPLACED IN 2104, AND SECURED FRONT AND BACK ENTRY DOORS WITH SIDELITES. THE HOT WATER BOILER WAS REPLACED WITH A HIGH EFFICIENCY BOILER IN THE SPRING OF 2024. MANAGED PROFESSIONALLY BY THE OWNER, NO DELINQUENCIES, AND IN TURN-KEY CONDITION!!
Presented By: Apartment Cash Flow, Inc.
Interior Features for 6413 Pleasant Avenue
Other Interior Features
Basement (Y/N)No
Ceiling Height8-10
FuelNatural Gas
General for 6413 Pleasant Avenue
AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Ethernet Wired
AppliancesDishwasher, Range, Refrigerator
Association AmenitiesSecurity
CityRichfield
Construction MaterialsBrick/Stone, Stucco
ContingencyNone
CoolingWall Unit(s)
CountyHennepin
Current UseResidential
DirectionsHighway 62 to Lyndale Ave / go south to West 65th Street / go east past the railroad tracks and turn left or north on Pleasant Ave (One way street) to property!
Electric Expense782
Fuel Expense4206
Garage Spaces
Gross Income122193
HeatingBoiler
High School DistrictRichfield
Insurance Expense4618
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
Net Operating Income83218
NumberOfUnitsTotal11
Operating Expense38974
OwnerPaysGas, Insurance, Trash Collection
Possible UseInvestment
PostalCityMinneapolis
Property SubtypeApartment
Property TypeCommercial Sale
RoofAge Over 8 Years, Flat, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameRgt Nicollet Homes 2nd Add
Tax Annual Amount16335
Tax Year2024
Tenant PaysCable TV, Electricity
TopographyLevel
Trash Expense3398
UtilitiesElectric Separate, Heating Common, Hot Water Common
Water Sewer Expense2633
Year Built1961
Zoning DescriptionResidential-Multi-Family
Exterior for 6413 Pleasant Avenue
Building Area Total11400
Foundation Area3800
InclusionsBuilding, Land, Leases, Rental License
Lot Dimensions102 x 120
Lot FeaturesTree Coverage - Light
Lot Size Area0.28
Parking FeaturesParking Lot
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Additional Details
Price History
Tadd Johnson
Realtor® MN WI FL