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Active NEW!
$799,000
/mo Edit
Multi-family:  Triplex
9 br • 6 ba • Built 2022
3,885 sqft • 0.44 acres
Robbinsdale schools
MLS# 7149770
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    Property Description

    • 2 Brand New Triplexes + 5 Triplex Development Lots • For Sale Individually or as a package(s) • See Recorded Plat with 7 total lots - each Triplex is now on its own parcel • $799, 000 per Triplex • Purchase all 5 Land Parcels (1.03 Acres) for $500, 000 total • 5 Additional Triplex Lots Fully Entitled: 5 development lots approved for 15 additional units • 21 Total Units at Full Buildout across seven triplex buildings • Shovel-Ready Development Opportunity: All discretionary approvals and entitlements have been secured • Completed Site Work & Infrastructure: Major roads, utilities, grading, and drainage improvements are already in place • Comprehensive Plans Included: Architectural drawings, civil engineering plans, and supporting development documents will transfer with the sale • Each triplex is 3, 885 SF - 1, 295 SF per unit/floor - spacious and functional residential layouts • Attractive Modern Interiors featuring contemporary kitchens, stainless-steel appliances, spacious living areas, and in-unit laundry • All 7 Parcels: 1.51 Acres total with 1.03 Acres of vacant land for development • Neighborhood Mixed-Use District Zoning supporting residential and compatible mixed-use development • Off-Street Paved Parking serving the completed buildings and future development • Ideal Investor or Developer Opportunity combining existing improvements with significant expansion potential • Reduced Development Risk & Timeline: Completed infrastructure, secured entitlements, and available plans allow a buyer to move efficiently toward vertical construction • Convenient Brooklyn Center Location near Highway 100, I94, I-694, neighborhood amenities, parks, restaurants, and major employment centers • Contact Listing Broker Hayden Hulsey, CCIM for questions and tours

    Listing

    Contingency: None
    Price per sq ft: $206
    City: Brooklyn Center
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55429
    Subdivision Name: Wangstads Brooklyn Terrace

    Interior

    Living Area: 3,885 ft2
    Basement Details: Full

    Exterior

    Stories: Three Level Split
    Garage Spaces: 0
    Foundation Size: 1,295 ft2
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Hot Water
    Parking Features:
    • Open
    • Paved Lot

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.44
    Geolocation: 45.065442, -93.326355
    Lot Dimensions: 147 x 180 x 120
    Zoning: Residential-Multi-Family

    Schools

    School District: 281
    District Phone: 7635048000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $18,475
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $18,475

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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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