$2,300,000

7341 62nd Avenue N, New Hope, MN 55428

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$2,300,000

7341 62nd Avenue N New Hope, MN 55428

For Sale MLS# 7027214

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Data current as of 10/03/2026 11:51:12

Details for 7341 62nd Avenue N

MLS# 7027214

Description for 7341 62nd Avenue N, New Hope, MN, 55428


Entire complex of 16 Townhomes offered, all large 3BR 3-Level units with identical layout, including in-unit laundry, central A/C and large backyard. These units are very attractive to renters. Tenants pay separately metered gas and electric. Tenants pay a majority of Water and Trash via Utility RUBS addendum. All 16 units are separate PIDs and so an HOA could be implemented; the units could be sold individually as townhomes, or retained as a multi-family rental complex. Agent is Owner.

Listing Information


Property Type: Commercial

Status: Active

Bedrooms: 3

Bathrooms: 2

Lot Size: 1.37 Acres

Square Feet: 22,000 sq ft

Year Built: 1962

Foundation: 11,000 sq ft

Stories: 2 Stories

Subdivision: Lincoln Manor

Number Of Units Total: 16

Current Use: Residential

County: Hennepin

Days On Market: 11

Construction Status: Previously Owned

School Information


District: 281 - Robbinsdale

Interior Features


Appliances: Dishwasher, Microwave, Range, Refrigerator

Basement: Partial Finished

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate,Heating Separate

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Open Parking: 16

Parking Description: Parking Lot

Exterior: Brick Veneer

Lot Dimensions: 240X490

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Land Inclusions - Building,Land

Driving Directions


Check your Google Maps.

Financial Considerations


Tenant Pays: Electric,Gas,Heat,Trash,Water

Gross Income: 368556

Expense: 199269

Tax/Property ID: 0511821210120

Tax Amount: 35039

Tax Year: 2026

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 7341 62nd Avenue N

Schools in attendance boundaries Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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