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1107 57th Avenue N Brooklyn Center (MN) 55430
$639,950 Active
StatusActive Living Area3400 YR1963 School District286 DOM35

Public Remarks

8 hr notice to show. This property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset. -Three units occupied w/market-rate tenants and a lease is pending on the fourth. Two units have been updated. -4 furnaces-CenterPoint Energy has quoted approx. $2,500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income. -E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River — approx. a 15-minute walk. -Coin-op laundry on third-party contract —new owner can take over machines and capture 100% of income. -Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management. **Listing agent holds an ownership interest in the property.

Quick Specifications

Price :
$639,950
Status :
Active
Property Type :
Residential Income
Year Built :
1963
Approx. Sq. Ft :
3400
School District :
286
Taxes :
$ 10389
MLS# :
6807486

Interior Features

Foundation Size :
1700

Lot and Location

PostalCity :
Hennepin
Zip Code :
55430
Directions :
Hwy 100 to Bass Lake Road, East to building
Lot Description :
Public Transit (w/in 6 blks), Many Trees
Lot Dimensions :
102x136
Road Frontage :
City Street, County Road, Sidewalks
Zoning :
Residential-Multi-Family
School District :
286
School District Phone :
763-561-2120

Structural Features

Class :
Residential Income
Basement :
Other
Exterior :
Stucco
Garage :
4
Accessibility Features :
None
Roof :
Age Over 8 Years, Asphalt
Sewer :
City Sewer - In Street
Water :
City Water/Connected, City Water - In Street

Financial Considerations

DPResource :
Y
Foreclosure Status :
No
Lender Owned :
No
Potential Short Sale :
No
Latitude :
45.05819
MLS# :
6807486
Style :
Quadruplex
Tax Amount :
$ 10389
Tax With Assessments :
10389.0000
Tax Year :
2025
Source: NorthStar MLS as distributed by MLS GRID


© 2025 Based on information submitted to the MLS GRID as of 2025-10-23 17:32:35 (Central Time) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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