7427 Penn Ave S | Richfield, MN 55423
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This Multifamily Property is no longer advertised on LoopNet.com.
7427 Penn Ave S
Richfield, MN 55423
BestPenn Apartments · Multifamily Property For Sale
·
21 Units

INVESTMENT HIGHLIGHTS
- Value-add opportunity through interior upgrades
- Premier location
- Recent capital improvements (New roof, new windows, new water heaters)
PROPERTY FACTS
| No. Units | 21 | Lot Size | 0.67 AC |
| Property Type | Multifamily | Building Size | 5,600 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 5.18/1,000 SF |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 5,600 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 5.18/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 648 |
| 3+1 | 1 | - | 1,101 |
PROPERTY TAXES
| Parcel Numbers |
Multiple
|
Improvements Assessment | $1,772,000 |
| Land Assessment | $252,000 | Total Assessment | $2,024,000 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 33-028-24-32-0030
- 33-028-24-32-0029
Land Assessment
$252,000
Improvements Assessment
$1,772,000
Total Assessment
$2,024,000
Listing ID: 31678888
Date on Market: 5/2/2024
Last Updated:
Address: 7427 Penn Ave S, Richfield, MN 55423
The Southwest Richfield Multifamily Property at 7427 Penn Ave S, Richfield, MN 55423 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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