Minnesota Real Estate Investors Association, Inc.


5115 Geneva Ave N, Oakdale, MN 55128

Oakdale Fourplex Buy and Hold Opportunity

The property is a fourplex located in the north area of Oakdale, MN. The fourplex is built in 1979. The lot is ~15000 SF, and the building is ~3380 SF. This is a buy and hold opportunity for new and seasoned investors. The main opportunity is in bringing the rents up to the market rates. The fourplex is owner managed currently. Each unit pays its own electric bill, and the units are heated with electric baseboard heaters. The water is paid by the landlord. The roof has been replaced six years ago. Currently, the units are rented on a month to month basis with rent amounts ranging in 500-600 per month. The fourplex is close to Century college and North St Paul high school. With a little upgrading of the units rents can possibly be increased up to 900-1100 per month. Please do your own due diligence and analysis. This is an assignment transaction, and I am selling my contractual interest in the property.

Minnesota Real Estate Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Minnesota Real Estate Investors Association, Inc.

7040 Lakeland Ave N #200
Brooklyn Park, MN 55428
(763) 432-2809

Proud Chapter of National REIA

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www.MnREIA.com  (Minnesota Real Estate Investors Association, Inc.) does not give legal, tax, economic, or investment advice. MnREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

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