438 Independence Avenue N, Champlin, MN 55316

General Property Information

Living Area Units: Square Feet
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 28
Owner Occupied: No
Year Built: 1976
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 7025
Garage Stalls: 10
For Sale or Lease: For Sale
Acres: 0.89
Lot Dimensions: 160' X IRREG.

Property Features

Accessible: None Air Conditioning: Heat Pump; Window Unit(s) Amenities Shared: Coin-op Laundry Owned Appliances: Range; Refrigerator CMU Style: Apartments/Multi Family; Business Opportunity; Low Rise Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Financing Terms: Conventional Flooring: Other/See Remarks Fuel: Natural Gas Heating: Hot Water Loan Terms: Cash; Conventional Lot Description: Corner Lot; Tree Coverage - Light On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Fuel; Insurance; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Paved Lot Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Roof: Flat; Rubber Sewer: City Sewer/Connected Tenant Pays: Electricity; Other Water: City Water/Connected; Other

Contract Information

Off Market Date: 2022-11-14
Closed Date: 2022-12-22
Sales Close Price: 2500000
Contingency: None
ListPrice: 3250000
Owner is an Agent?: No

Location Tax and Other Information

House Number: 438
Street Name: Independence
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Champlin
County: Hennepin
State: MN
Zip Code: 55316
Complex/Dev/Subdivision: Champlin

Assessments

Tax With Assessments: 26237
Assessment Balance: 0

Building Information

Building Finished SqFt: 21075
Building SqFt: 21075

More Information

Lease Details

Land Leased: Not Applicable
Monthly Land Lease Amt: 0

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 21
Section#: 19
Township#: 120

Sale Options

Sale Includes: Building, Business, Fixture/Equipment, Inventory, Land, Leases

Unit 2

No. of 2 Bedroom Units: 18

Unit Details

Total Units: 18

Office/Member Info

Association: GLAR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: BLOCK 035 CHAMPLIN LOTS 1 AND 2 INCL ADJ 1/2 OF VAC STREETS
Listing City: Champlin
Map Page: 63
Rental License?: No
School District: Anoka-Hennepin
School District Phone: 763-506-1000
Map Coordinate Source: RETS
Zip Plus 4: 2071
Property ID Number: 1912021230062
Tax Year: 2022
Tax Amount: 26237
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Majority remodeled 18 unit turn key apartment building in Champlin.
Directions: FROM DAYTON RIVER ROAD, TO A RIGHT ON COLBURN STREET NORTH, TAKE A LEFT ON RICHARDSON AVE NORTH, TURN RIGHT ON INDEPENDENCE AVE TO PROPERTY ON YOUR RIGHT.

Accessible

None: Yes

Air Conditioning

Heat Pump: Yes
Window Unit(s): Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Appliances

Range: Yes
Refrigerator: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Conventional: Yes

Flooring

Other/See Remarks: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Lot Description

Corner Lot: Yes
Tree Coverage - Light: Yes

Owner Pays

Fuel: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Paved Lot: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Street Lights: Yes

Roof

Flat: Yes
Rubber: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes
Other: Yes

No. of Ranges

Six or More: Yes

No. of Refrigerators

Six or More: Yes

Tenant Pays

Electricity: Yes
Other: Yes

On Site Utilities

Electric Separate: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes
Business Opportunity: Yes
Low Rise: Yes

Current Use

Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes