For Sale Multi-Family MLS# 7121121

5101 56th Avenue N

Crystal, MN 55429

$634,000

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About 5101 56th Avenue N

Terrific opportunity to own a 4-plex in an area where they rarely hit the market. This solid, turn-key building offers 4 identical units – each of which is 2 bedrooms, 1 bath, and 742 SF. This gem is located on a 13K SF lot – [yes….a lot that is over 13,000 SF] – and literally just steps to Twin Oaks Park. Recent updates include 4 brand new furnaces, 4 brand new hot water heaters, a new roof in 2023 and numerous appliances in various units. All units have their own furnace and central A/C unit [no window A/C units here] Add’l revenue streams include coin operated laundry and 2 garage stalls. There is ample off street parking in addn to the garages. Located on a bus line – this property is located 4/10 of a mile from Twin Lakes, and 8/10 of a mile from the MAC Wildlife Area. One unit is intentionally vacant for a potential owner occupant. Easy access to Highways 100, 694, and 94.

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Active
Year built
1960
Stories
Split Entry (Bi-Level)
Living area
3,472 sqft
Price / sqft
$183
Lot
0.3
Original price
$634,000
MLS #
7121121

Interior

Features
Forced Air, Common Area, Lower Level, Laundry Room, Daylight/Lookout Windows, Finished
Heating
Forced Air
Laundry
Common Area, Lower Level, Laundry Room

Exterior & lot

Features
Stone, Stucco, Detached Garage, Parking Lot
Construction
Split Entry (Bi-Level), Block, Age 8 Years or Less
Roof
Age 8 Years or Less
Foundation
Block
Lot
0411821430066, Partial
Fence
Partial
Parking
Detached Garage, Parking Lot
Garage spaces
2

Schools

District
Robbinsdale Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$10,426
Tax year
2026
Parcel
0411821430066

Location

Subdivision
Twin Oak Terrace
County
Hennepin
Neighborhood
Twin Oaks
Community
Hennepin, City Street, Coin-op Laundry Owned, Patio, Security Building, northstar, Robbinsdale
Directions
Cnty Rd 81 to Bass Lake Road, East to Regent Ave N. Property located at the intersection of Bass Lake Road and Regent Ave N

Location

Neighborhood
Twin Oaks
Subdivision
Twin Oak Terrace
School district
Robbinsdale Public School District

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Listed by Clay Lowen, BRIX Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.