Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  New Hope MLS# 6820724

My notes for this property


Add listing to my favorites (required)
Active NEW!
$649,900
/mo Edit
Multi-family:  Apartments
Built 1960
3,654 sqft • 0.44 acres
Robbinsdale schools
MLS# 6820724
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Wonderful New Hope 4-Plex in a Prime Location! Fantastic investment opportunity at 8113 Bass Lake Road, perfectly situated near US Highway 169 and within walking distance to a local convenience store. This well-kept 4-unit building offers excellent accessibility to shopping, churches, parks, lakes, golf courses, and major commuter routes. This property has been completely renovated and features four 2-bedroom units, each equipped with their own newer furnace and central A/C, providing comfort and lower maintenance costs for years to come. Additional highlights include two shared laundry rooms (one on each floor), newer roof, and vinyl windows. A desirable location paired with recent updates makes this turnkey 4-plex a valuable long-term addition to any investment portfolio. Great property, great neighborhood, strong rental appeal — don’t miss it!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $649,900
    Price per sq ft: $178
    Property Type: Multi-family
    City: New Hope
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1960
    State: MN
    Property Style: Apartments
    Zip Code: 55428

    Interior

    Finished Area: 3,654 ft2
    Living Area: 3,654 ft2
    Ranges: Four, One Per Unit
    Refrigerators: Four, One Per Unit
    Basement Details:
    • Daylight/Lookout Windows
    • Finished

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 0
    Foundation Size: 1,827 ft2
    Foundation Dimensions: 63 x 29
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Open
    • Shared Driveway
    • Unassigned
    Shared Amenities: Deck
    Road Frontage:
    • County Road
    • Paved Streets
    Exterior Material: Brick/Stone
    Roof Details:
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.44
    Geolocation: 45.0558360321, -93.383443673
    Lot Dimensions: 80 X 240
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Level

    Schools

    School District: 281
    District Phone: 763-504-8000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $6,000
    Annual Maintenance Expense: None
    Annual Gross Expense: $31,132
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,566
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,566

    Income

    Annual Gross Income: $66,000
    Misc. Annual Income: $1,900
    Misc. Monthly Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.