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Columbia Apartments 4225-4229 Central Ave NE 15 Unit Apartment Building $1,947,308 CAD ($129,821 CAD/Unit) Columbia Heights, MN 55421



EXECUTIVE SUMMARY
This is a very well maintained and operated Twin Building offering. Great visibility... Located in Columbia Hts right on Central Ave. (15) Total Units across the two adjacent buildings. New Roofs, Newer Boilers, Newer Windows, Shared Parking Lot is good shape Coin Operated Laundry in each Building Unit Overview - (13) One Bedroom (Each ~500 sq ft) (1) Two Bedroom (~675 Sq ft) (1) Efficiency (~250 sq ft)
PROPERTY FACTS Under Contract
| Price | $1,947,308 CAD | Building Class | C |
| Price Per Unit | $129,821 CAD | Lot Size | 0.47 AC |
| Sale Type | Investment | Building Size | 9,535 SF |
| No. Units | 15 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | Parking Ratio | 2.1/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | C | ||
| Price | $1,947,308 CAD |
| Price Per Unit | $129,821 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 9,535 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 2.1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Double Pane Windows
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 36-30-24-23-0498 | Improvements Assessment | $1,931,659 CAD |
| Land Assessment | $391,835 CAD | Total Assessment | $2,323,494 CAD |
PROPERTY TAXES
Parcel Number
36-30-24-23-0498
Land Assessment
$391,835 CAD
Improvements Assessment
$1,931,659 CAD
Total Assessment
$2,323,494 CAD
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Columbia Apartments | 4225-4229 Central Ave NE
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