3 Locations

Excellent opportunity to acquire one, two, or all three well-maintained 12-unit apartment buildings in a desirable Fridley location. Each building features an attractive unit mix of six spacious one-bedroom apartments and six generously sized two-bedroom apartments, providing broad tenant appeal and a proven rental history.

All three buildings are fully occupied, offering immediate cash flow from day one. Each apartment has its own dedicated furnace, allowing for independent heating systems. At 5950 E River Road, each unit is separately metered for gas, so tenants pay their own heat. The other two buildings also feature separate furnaces, with the current owner paying the gas expense due to shared metering. A future owner may have the opportunity to separately meter the gas service if desired.

Located just a half block from the Mississippi River, these properties offer residents an outstanding combination of natural surroundings and convenient access to downtown Minneapolis and the surrounding metro area.

With spacious floor plans, strong occupancy, and a desirable location, these buildings present an excellent opportunity for investors seeking stable cash flow with long-term upside. Whether purchased individually or together, these properties would make a strong addition to any multifamily investment portfolio.