$2,500,000
Champlin, MN 55316
MLS# 6252230
Status: Closed
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Property Description
Majority remodeled 18 unit turn key apartment building in Champlin.
Details
Maps
Documents
Contract Information
Owner is an Agent?: No
Status: Closed
Off Market Date: 2022-11-14
Current Price: $2,500,000
Closed Date: 2022-12-22
Sales Close Price: 2500000
Contingency: None
ListPrice: 3250000
List Date: 2022-09-21
Office/Member Info
Association: GLAR
MLSID: RMLS
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
Lot Dimensions: 160' X IRREG.
Acres: 0.89
Foundation Size: 7025
Garage Stalls: 10
For Sale or Lease: For Sale
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: 1
Air Conditioning
Heat Pump: 1
Window Unit(s): 1
Amenities Shared
Coin-op Laundry Owned: 1
Appliances
Range: 1
Refrigerator: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 26237
Building Information
Building Finished SqFt: 21075
Building SqFt: 21075
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Financing Terms
Conventional: 1
Flooring
Other/See Remarks: 1
Fuel
Natural Gas: 1
Heating
Hot Water: 1
Lease Details
Land Leased: Not Applicable
Monthly Land Lease Amt: 0
Lot Description
Corner Lot: 1
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: No
Owner Pays
Fuel: 1
Insurance: 1
Lawn: 1
Maintenance/Repair: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Water: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Paved Lot: 1
Public Survey Info
Range#: 21
Section#: 19
Township#: 120
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Street Lights: 1
Roof
Flat: 1
Rubber: 1
Sale Options
Sale Includes: Building, Business, Fixture/Equipment, Inventory, Land, Leases
Sewer
City Sewer/Connected: 1
Unit Details
Total Units: 18
Water
City Water/Connected: 1
Other: 1
No. of Ranges
Six or More: 1
No. of Refrigerators
Six or More: 1
Tenant Pays
Electricity: 1
Other: 1
Unit 2
No. of 2 Bedroom Units: 18
On Site Utilities
Electric Separate: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Apartments/Multi Family: 1
Business Opportunity: 1
Low Rise: 1
Current Use
Residential: 1
Loan Terms
Cash: 1
Conventional: 1
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
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
Non-Disclosure Agreement07192022.pdf 
Listing Office: Heartland Real Estate
Last Updated: August - 07 - 2025
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