Call Us (763) 548-1400

581 Belland Avenue
Vadnais Heights, MN 55127
MLS #4933344

Commercial
    $3,622,000
    Est. P&I payment: $13833.59/mo
    581 Belland Avenue, Vadnais Heights, MN 55127
    • 581 Belland Avenue, Vadnais Heights, MN 55127 Photo 1
    • 581 Belland Avenue, Vadnais Heights, MN 55127 Photo 2
    • 581 Belland Avenue, Vadnais Heights, MN 55127 Photo 3
    • 581 Belland Avenue, Vadnais Heights, MN 55127 Photo 4
    • 581 Belland Avenue, Vadnais Heights, MN 55127 Photo 5
    • 581 Belland Avenue, Vadnais Heights, MN 55127 Photo 6
    • 581 Belland Avenue, Vadnais Heights, MN 55127 Photo 7
    Share  
    Description for 581 Belland Avenue, Vadnais Heights, MN 55127
    Rare offering of 24, 3-bedroom, "townhouse" style units. All units interiors have been extensively renovated. New roof, siding, and windows in 2016. Every unit comes with a deck and 2 car, tuck-under garage. NOI can easily be increased $35,000+ by bringing rents to market rate. Sale includes 12, coin-operated washers and dryers. Building is fully occupied.
    MLS #4933344
    Tour This Property In Person
    Request a Showing
     

    My Notes for MLS #4933344

    General Features

    • Current Use: Residential
    • Foreclosure Status: No
    • Year Built: 1980
    • Sale Includes: Building,​Land,​Leases
    • Total Number of Units: 24
    • Status: Active

    Exterior Features

    • Exterior: Wood,​Vinyl
    • Parking Characteristics: Tuckunder,​Insulated Garage,​Covered,​Assigned,​Garage Door Opener
    • Road Frontage: City
    • Lot Description: Corner Lot,​Tree Coverage - Medium,​City Bus (w/in 6 blks)
    • Lot Dimensions: 300x258
    • Garage Stalls: 48
    • Other Parking Spaces: 30

    Interior Features

    • Building Finished Square: 30,604
    • Handicap Accessible: None
    • Roof: Asphalt Shingles,​Age 8 Years or Less
    • Number of 3 Bedroom Unit: 24

    Utilities Features

    • Appliances: Range,​Cooktop,​Microwave,​Dishwasher,​Refrigerator,​Freezer,​Disposal
    • Air Conditioning: Wall
    • Heating: Forced Air
    • Fuel: Natural Gas
    • Water: City Water/Connected
    • Number of Ranges: One Per Unit
    • Number of Refrigerators: One Per Unit
    • Sewer: City Sewer/Connected

    Financial Features

    • Total Annual Expenses: 129,140
    • Tenant Expenses: Electric,​Fuel
    • Annual Net Income: 231,801.89
    • Tax Amount: 39,344
    • Tax With Assessments: 39,344
    • Tax Year: 2017
    • Annual Gross Income: 359,940

    Community Features

    • County: Ramsey
    • Municipality: Vadnais Heights
    • Postal City: Vadnais Heights (MN)

    School Features

    • School District: 624 - White Bear Lake
    • School District Phone: 651-407-7500

    Misc Features

    • Amenities - Shared: Patio,​Coin-op Laundry Owned
    • Amenities - Unit: Natural Woodwork,​Balcony,​Hardwood Floors,​Tiled Floors
    • Foundation Size: 15,302
    • Zoning: Residential-Multi-Family
    • Lender Owned: No
    • Potential Short Sale: No

    Location

     
    Street View Not Available
    Directions to 581 Belland Avenue, Vadnais Heights, MN 55127
    Cty E- SW On Centerville rd - S On Edgerton- E On Belland
    The listing information for 581 Belland Avenue, Vadnais Heights, MN 55127 was graciously provided by our friends at the listing brokerage, Lakes Sotheby's International Realty

    Get Financing for 581 Belland Avenue, Vadnais Heights, MN 55127

    SMW Federal Credit Union
    Lindsey Palin
    700 Apollo Drive
    Lino Lakes, MN 55014
    651-747-1562 Office
    Request Mortgage Information
    ($ or %)
    %
    P&I Payment $13833.59
    Request More Listing Information
    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Nexus's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Nexus, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Copyright 2018 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than EXIT Realty Nexus are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

    View EULA | View Digital Millennium Copyright Act (DMCA) Notice
    Last Updated 04/23/2018 at 2:02pm
    Agent Login    |    Powered by Onjax
    Create Free Account or
    Choose Your Agent (optional)
    By using our site, users agree
    to the terms and privacy policy
    Equal Housing Opportunity Realtor MLS
    Sign-In or