1601 5th Avenue N

Here is your chance to own a truly turnkey 4-plex where the hard work has already been done. Approximately three years ago, this property went through an extensive renovation with the goal of creating a durable, efficient, and easy-to-maintain investment for years to come. The renovation went far beyond cosmetic updates, with new framed and sheetrocked walls, 3/4-inch subfloor, commercial LVT flooring, low-profile metal ceilings, kitchens, appliances, lighting, electrical fixtures and panels, bathroom fixtures and tubs, paint, texture, and heating systems throughout the building. While everything was opened up, new PEX water supply lines were installed along with replacement of most drain lines. Each unit is separately metered for gas and electric and has its own updated heating system, with supplemental electric baseboard heat in the bedrooms. Exterior improvements were just as extensive, including rebuilding the laundry room addition, replacing the oversized deck with a new treated-lumber deck, repainting the exterior, adding metal siding, recoating the roof with TropiCool silicone coating, and installing new six-panel pre-hung entry doors. A significant amount of thought, work, and investment went into this property with the intention of making it durable, low-maintenance, and capable of handling the everyday wear and tear that comes with a rental property. This is not a property waiting for its next owner to take on a long list of projects—the major renovation has already been completed, making this a great opportunity to add a truly turnkey 4-plex to your investment portfolio. Schedule your showing today!