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Active
$495,000
/mo Edit
Multi-family:  Triplex
Built 1965
2,524 sqft • 0.32 acres
Osseo schools
MLS# 6808145
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    Property Description

    Fantastic Triplex Opportunity in Prime Maple Grove Location! Don't miss this incredible opportunity to own a well-maintained triplex nestled in a desirable Maple Grove neighborhood surrounded by single-family homes. The property features two 3-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit currently leased on a month-to-month basis, while both 3-bedroom units are vacant and move-in ready-making this a perfect fit for either owner-occupants or investors looking to place their own tenants. Each unit has been recently refreshed, and the property shows beautifully with clean interiors. The building is ready for immediate occupancy Utilities are currently paid by the owner, offering flexibility for future lease structuring. Whether you're seeking strong rental income or a live-in investment in a sought-after location, this triplex offers outstanding potential! is Units 1 and 2 (the 3 bedroom units) are available to see on first showings. The 3rd unit is available for 2nd showings or during inspection periods. Please see supplements for additional income and expense information.

    Listing

    Contingency: None
    Price per sq ft: $196
    City: Maple Grove
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55311
    Subdivision Name: Plentywood Add

    Interior

    Living Area: 2,524 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,000 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features:
    • Asphalt
    • Open
    • Parking Lot
    • Paved
    • Unassigned
    Road Frontage: City Street
    Exterior Material:
    • Shake Siding
    • Wood Siding
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.32
    Geolocation: 45.071323, -93.451891
    Lot Dimensions: 75 x 185
    Zoning: Residential-Multi-Family

    Schools

    School District: 279
    District Phone: 763-391-7000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,251
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,251

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Water System: City Water - In Street

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.