Pending Multi-Family MLS# 7132082

2701 Virginia Avenue N

New Hope, MN 55427

$550,000

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About 2701 Virginia Avenue N

Solid investment opportunity in a desirable New Hope location! This fully rented 4-unit property offers an attractive combination of established rental income and a well-maintained building. Each unit provides comfortable living space, while the clean, well-kept common areas create a welcoming environment for residents and add to the overall appeal of the property. With all four units currently leased, this is an excellent opportunity for an investor looking for a property with established occupancy and income already in place. Conveniently located near shopping, dining, parks, schools, and major roadways, this property offers both tenant appeal and long-term investment potential.

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Pending
Year built
1965
Stories
Two
Living area
3,200 sqft
Price / sqft
$172
Lot
0.32
Original price
$550,000
MLS #
7132082

Interior

Features
Hot Water, In Basement, Common Area, Laundry Room, Sink
Heating
Hot Water
Laundry
In Basement, Common Area, Laundry Room, Sink

Exterior & lot

Features
Stone, Asphalt, Parking Lot, Paved Lot
Construction
Two, Block
Foundation
Block
Lot
1911821440077
Parking
Asphalt, Parking Lot, Paved Lot

Schools

District
Robbinsdale Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$9,718
Tax year
2026
Parcel
1911821440077

Location

Subdivision
Twin Terra Linda 4th
County
Hennepin
Neighborhood
Sunny Hollow
Community
Hennepin, City Street, Coin-op Laundry Owned, northstar, Robbinsdale
Directions
Medicine Lake Rd to Virginia North to property

Location

Neighborhood
Sunny Hollow
Subdivision
Twin Terra Linda 4th
School district
Robbinsdale Public School District

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Listed by Kerby & Cristina Real Estate Experts, RE/MAX Results

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.