228 40th AVE NE new Save Request In-Person Tour Request Virtual Tour
Columbia Heights,MN 55421
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Rear Bl E Col Heights Annex
MLS Listing ID 6739026
Year Built 1962
Annual Tax Amount $15,847
Tax Year 2025
Lot Size 0.370 Acres
Property Sub-Type Apartment
Property Description
Fully rented and updated 8-unit apartment building; 7 two-bedrooms and one studio! Recent updates include a newer boiler, windows, washer/dryer with credit card reader, and new flooring in many units. Enjoy a 7.5% CAP rate at current rents, and some units are renting below market rates.
Location
State MN
County Anoka
Zoning Business/Commercial
Interior
Heating Baseboard,Boiler
Inclusions Building,Leases
Exterior
Parking Features Paved
Utilities Available Electric Separate,Heating Common,Hot Water Common
Roof Type Asphalt
Building
Story Two
Foundation 3300
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Stucco
Schools
School District Columbia Heights