$1,380,000
New Hope, MN 55427
MLS# 6255210
Status: Closed
1 / 36
Property Description
14 unit apartment building consisting of 2 stand alone buildings 3601 & 3609 Maryland. All units are 1 bedroom 1 bathroom with desirable floor plans. With common area coin operated laundry rooms, storage and nice common areas. Oversized parking lot with lots of common area green spaces. With newer roofs, unit updates and located in a great area that is central to transit, shopping and more. This is a great value ad property that you could easily increase rents and sign long term leases quickly.
Details
Maps
Documents
None
Allow Auto Valuation: Yes
Allow Consumer Comment: Yes
MLSID: RMLS
Contract Information
Status: Closed
Off Market Date: 2022-11-18
Current Price: $1,380,000
Closed Date: 2022-11-15
Sales Close Price: 1380000
Original List Price: 1400000
Contingency: None
ListPrice: 1400000
List Date: 2022-08-30
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Year Built: 1961
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 4500
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.41
Lot Dimensions: 230x300
Assessment Pending: No
Location, Tax and Other Information
Legal Description: LOT 008 BLOCK 001 GOLDEN RULE 3RD ADDN
Map Page: 91
Municipality: New Hope
Rental License?: No
School District Phone: 763-504-8000
Map Coordinate Source: King's Street Atlas
House Number: 3601
Street Name: Maryland
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: New Hope
County: Hennepin
State: MN
Zip Code: 55427
Zip Plus 4: 2240
Property ID Number: 1711821340035
Complex/Dev/Subdivision: Golden Rule 3rd Add
Tax Year: 2022
Tax Amount: 10722
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 14 unit apartment building consisting of 2 stand alone buildings 3601 & 3609 Maryland. All units are 1 bedroom 1 bathroom with desirable floor plans. With common area coin operated laundry rooms, storage and nice common areas. Oversized parking lot with lots of common area green spaces. With newer roofs, unit updates and located in a great area that is central to transit, shopping and more. This is a great value ad property that you could easily increase rents and sign long term leases quickly.
Directions: Hwy 100 to 36th take right on Maryland
Additional Parcels Information
Property ID #2: 1711821340034
Assessments
Tax With Assessments: 10722
Building Information
Building Finished SqFt: 8500
Building SqFt: 8500
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27053
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 21
Section#: 17
Township#: 118
Sale Options
Sale Includes: Other
Unit 1
No. of 1 Bedroom Units: 14
Unit Details
Total Units: 14
Property Features
Accessible: None
Air Conditioning: Window
Amenities Shared: Coin-op Laundry Leased; Common Laundry Facility; Lobby
Appliances: Range; Refrigerator
Assumable Loan: Not Assumable
Basement: Daylight/Lookout Windows; Drainage System; Egress Windows; Finished (Livable); Full; Storage Space; Sump Pump
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Wood
Fuel: Natural Gas
Heating: Baseboard; Hot Water
Lease Details: Gross
Loan Terms: Cash; Conventional
Lot Description: Corner Lot
No. of Ranges: One Per Unit
No. of Refrigerators: One Per Unit
On Site Utilities: Heating Common
Owner Pays: Fuel; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection
Parking Characteristics: Parking Lot
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
3601 8-31-22.pdf 
Listing Office: Mitchell Realty LLC
Last Updated: November - 19 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.