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Neal Lawson

nouse.neal@mndreamteam.com +1(612) 418-5892

$ 635,000

Est. payment -/mo

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Active

5101 56th AVE N Crystal, MN 55429

3,472 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,472 sqft

Price per Sqft $182

Subdivision Twin Oak Terrace

MLS Listing ID 6793457

Year Built 1960

Annual Tax Amount $9,407

Tax Year 2025

Contingent None

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 176x74

Property Sub-Type Quadruplex

Property Description

Terrific opportunity to own a 4-plex in an area where they rarely hit the market. This solid, turn-key building offers 4 identical units – each of which is 2 bedrooms, 1 bath, and 742 SF. This gem is located on a 13K SF lot – [yes….a lot that is over 13,000 SF] – and literally just steps to Twin Oaks Park. Recent updates include a new roof in 2023 and numerous appliances in various units. All units have their own furnace and central A/C unit [no window A/C units here] Add'l revenue streams include coin operated laundry and 2 garage stalls. There is ample off street parking in addn to the garages. Located on a bus line – this property is located 4/10 of a mile from Twin Lakes, and 8/10 of a mile from the MAC Wildlife Area. One unit is intentionally vacant for a potential owner occupant. Easy access to Highways 100, 694, and 94. Cap Rate = 9.16.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Daylight/Lookout Windows, Finished

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached, Unassigned

Garage Spaces 2.0

Fence Partial

Roof Type Age 8 Years or Less

Building

Lot Description Corner Lot

Story Split Entry (Bi-Level)

Foundation 1736

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Brick/Stone,Stucco

New Construction false

Schools

School District Robbinsdale

Others

Virtual Tour https://tours.spacecrafting.com/n-c8p3w7

Listed by Christopher Lowen • BRIX Real Estate

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

5101 56th AVE N Crystal, MN 55429

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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