Listed By
Agency Name: Exit Realty Nexus
Agency Phone: 763-548-1400
Shown By
Agent Name: Lisa Nguyen
Agent Phone: (612) 644-5313
Agency Title: Counselor Realty
Property Description
Updated 5-Unit Multifamily Investment Property in FridleyExcellent opportunity to acquire a well-maintained and updated 5-unit residential rental property in Fridley featuring all 2-bedroom, 1-bathroom apartment homes. Each unit has been thoughtfully updated with modern kitchens and bathrooms, creating strong tenant appeal and a clean, move-in-ready rental experience.The property offers a practical unit mix with five spacious 2-bedroom apartments, six garage stalls, and multiple designated off-street parking spaces. These features provide added convenience for residents and valuable income-supporting amenities for ownership. All units have existing leases, some are month-month.Located at 1200 Norton Avenue NE in Fridley, this multifamily asset offers convenient access to major roadways, employment centers, shopping, dining, parks, and everyday services throughout the north metro. With updated interiors, garage parking, designated parking, and a desirable all-2-bedroom configuration, this property is well-positioned for an investor seeking a stabilized residential rental asset with long-term income potential.A strong addition to an investment portfolio, this 5-unit property combines updated residential living spaces, functional parking, and a location within the established Fridley rental market.
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1200 Norton Avenue Ne, Fridley, MN 55432
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1200 Norton Avenue Ne, Fridley, MN 55432
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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1200 Norton Avenue Ne | MLS# 7098679
This commercial property located at 1200 Norton Avenue Ne, Fridley, MN 55432 is currently listed for sale with an asking price of $715,000. Norton Avenue Ne is located within the Spring Lake Park school district. Search Fridley real estate on lnguyen.counselorrealty.com today.