4656 Polk Street NE
Property Description
Income-producing fourplex in a convenient Columbia Heights location. This well-maintained property features a durable stucco and brick exterior and a practical unit mix of one studio and three two-bedroom units. The building is fully occupied and generating rental income, making it an excellent opportunity for an investor or owner-occupant looking to build equity while offsetting housing costs with rental income. Designed with functionality in mind, the property offers updated electric panels with separate services for each unit, on-site laundry, and a dedicated storage unit for each apartment. Off-street parking is available, with abundant additional street parking for residents and guests. Located close to bus lines, local shopping, restaurants, and everyday amenities, this is a convenient and accessible location for tenants. A true workhorse property with a solid unit mix, desirable amenities, and consistent income-producing potential. Whether you're expanding your investment portfolio or looking to live in one unit while renting the others, this fourplex offers flexibility and opportunity in Columbia Heights.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $447,500 |
| Year Built: | 1960 |
| Lot Size: | 3,021.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 4 |
ID: 3yd-RMLSMN-7140735
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
835 Driftwood Drive
St. Cloud, Minnesota
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout