5101 56th Avenue N, Crystal, MN
$635,000
3,472
Square feet
0.30
Acres
About 5101 56th Avenue N
Terrific opportunity to own a 4-plex in an area where they rarely hit the market. This solid, turn-key building offers 4 identical units – each of which is 2 bedrooms, 1 bath, and 742 SF. This gem is located on a 13K SF lot – [yes….a lot that is over 13,000 SF] – and literally just steps to Twin Oaks Park. Recent updates include a new roof in 2023 and numerous appliances in various units. All units have their own furnace and central A/C unit [no window A/C units here] Add’l revenue streams include coin operated laundry and 2 garage stalls. There is ample off street parking in addn to the garages. Located on a bus line – this property is located 4/10 of a mile from Twin Lakes, and 8/10 of a mile from the MAC Wildlife Area. One unit is intentionally vacant for a potential owner occupant. Easy access to Highways 100, 694, and 94. Cap Rate = 9.16.
Features of 5101 56th Avenue N
| MLS® # | 6793457 |
|---|---|
| Price | $635,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,472 |
| Acres | 0.30 |
| Year Built | 1960 |
| Type | Single Family |
| Sub-Type | Fourplex |
| Style | Quadruplex |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 5101 56th Avenue N |
|---|---|
| Subdivision | Twin Oak Terrace |
| City | Crystal |
| County | Hennepin |
| State | MN |
| Zip Code | 55429 |
Amenities
| Amenities | Coin-op Laundry Owned, Patio |
|---|---|
| # of Garages | 2 |
| Garages | Detached, Unassigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Daylight/Lookout Windows, Finished |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Age 8 Years or Less |
| Construction | Brick/Stone, Stucco |
School Information
| District | Robbinsdale |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $9,407 |
| Tax Year | 2025 |
| Office | BRIX Real Estate |
Listing Details
| Office | BRIX Real Estate |
|---|