NOT LISTED FOR SALE

5691 Quincy St Mounds View, MN 55112

8 Beds
4 Baths
3,399 Sq Ft
0.34 Acres

Last Sold April 24, 2023

Last sale price $423,000 $124 Per Sq Ft

103 Days on Market

Highlights

  • Hot Water Heating System
  • Irondale Senior High School Rated A-
  • 4-minute walk to Oakwood Park

About This Home

As of April 2023

Wonderful opportunity to own a Fourplex investment property! Handyman special. Needs complete cosmetic makeover. Foundation, exterior, and good bones all seem to be intact upon visual inspection. Projected rents after fix up $1200-$1300 per unit. Each unit is exactly the same living room, dining room, kitchen, full bath, and 2 bedrooms. Possible opportunity for other investment properties on the same block. Good location, one block to Oakwood Park, 2 blocks to Pinewood Elementary, 3 blocks to 35W. MV schools. Seller's loss could be your gain. Cash, rehab loan or bank approval ONLY. A lot of demo work has already been done.

Last Agent to Sell the Property

James Sanchez

White Bear Lake Realty Listed on: 10/11/2022

Last Buyer's Agent

Wakgari Geleta

Universal Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 103x149x103x149
  • Few Trees

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 4 Units
  • Section 5 Town 30 Range 23 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053023410009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,946

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 3120
  • Water Sewer Expenses: 1
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 46.5x34
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Storage Space, Unfinished
  • Living Area: 3399
  • Fireplace: No
  • Below Grade Finished Sq Ft: 279
  • Number Of Fireplaces: 0
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Asphalt, Shared Driveway
  • Garage Square Feet: 0
  • Garage Door Height: 0

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: None

Schools

  • Junior High Dist: Mounds View
  • SchoolDistrictNumber: 621
  • SchoolDistrictPhone: 651-621-6001

Lot Info

  • Topography: Level
  • Lot Size: 103x149x103x149
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 1.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 053023410009
  • Tax Annual Amount: 7946
  • TaxWithAssessments: 7946.0000

Multi Family

  • ElectricExpense: 1
  • FuelExpense: 1
  • Resident Manager Expense: 1
  • Number Of Refrigerators: None

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $423,000 -4.9% $124 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
11/22/2022 11/22/22 Price Changed $444,900 -3.3% $131 / Sq Ft
10/11/2022 10/11/22 For Sale $459,900 -- $135 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6270654

NorthstarMLS