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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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6045 Brooklyn Boulevard , Brooklyn Center, MN 55429
$2,690,000
Est. Payment: $13,897.80/mo
0 Bed
0 Bath
7050 Sqft
Status: Active | Days on site: 102
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4135 - 502012709
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House Description

Introducing a rare, low-risk multifamily development opportunity featuring two newly constructed triplexes alongside five additional fully entitled triplexes ready for immediate vertical construction. This offering presents a unique chance for investors and developers to acquire a substantially de-risked infill project with completed infrastructure, approved entitlements, and comprehensive construction documentation already in place. The property currently includes two completed triplex buildings that are newly constructed and positioned for immediate occupancy or lease-up. These completed units provide near-term income potential while also showcasing the quality, design standards, and functionality approved for the broader development. The existing improvements allow buyers to generate cash flow while simultaneously advancing the remaining phases of construction. In addition to the completed buildings, the project includes full entitlements for five additional triplexes, significantly reducing both development timelines and entitlement-related uncertainty. All discretionary approvals have already been secured, eliminating one of the most time-consuming and unpredictable components of the development process. Buyers can move forward with confidence knowing the project has already achieved municipal approvals and is positioned for efficient execution. The site has also undergone substantial horizontal development work, with all major infrastructure improvements completed. Roads, utilities, grading, drainage systems, and supporting site work are already in place, creating a true shovel-ready opportunity. By avoiding the delays and capital requirements often associated with early-stage infrastructure work, investors can focus directly on vertical construction and project delivery. To further streamline execution, the seller will provide comprehensive architectural and engineering plan sets, including architectural drawings, civil engineering plans, and all supporting documentation associated with the approved development. This allows for a seamless transition to a new owner and provides the ability to accelerate building permit applications and construction commencement timelines. The combination of completed product, fully approved expansion capacity, and finished site infrastructure creates a highly attractive investment profile with substantially reduced pre-development risk. Unlike many multifamily development opportunities that require years of planning, entitlement processing, and infrastructure coordination, this project is positioned for immediate continuation and rapid delivery of additional units to market. The property is ideally suited for investors, developers, or owner-operators seeking a near-turnkey multifamily development opportunity in a strong and growing market. With immediate income potential from the completed triplexes and a clearly defined path to expansion, the project offers both short-term operational upside and long-term value creation. The ability to quickly move into vertical construction on the remaining buildings provides a significant competitive advantage in today’s market environment, where entitlement delays and rising construction costs continue to impact project timelines. This offering represents an exceptional opportunity to acquire a thoughtfully planned and substantially completed multifamily development with minimal entitlement risk, reduced execution uncertainty, and the infrastructure necessary to support efficient project completion.

Highlights

Listed by Nicole L Stone , 651-274-0025 RE/MAX Results , 952-475-8000. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
1.51

Year Built

2022

County

Hennepin

Neighborhood

Wangstads Brooklyn Terrace

School District

Robbinsdale

Listing ID

7081408

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Chandelier, Dishwasher, Disposal, Dryer, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Washer
Air Cond:Central Air
Fireplaces:
Basement:Daylight/Lookout Windows,Egress Window(s),Finished,Full,Single Tenant Access,Sump Pump,Tile Shower
Other:
  • Additional:Kitchen Center Island, Primary Bedroom Walk-In Closet, Porch, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
Water:City Water/Connected

Exterior Features

Lot:Public Transit (w/in 6 blks),Cleared,Corner Lot,Infill Lot,Privacy
Lot Dimensions:0
Zoning:Other
Roof:Age 8 Years or Less,Asphalt
Sewer:City Sewer/Connected
Parking Features:Paved Lot,Open
Principal Interest
$13,898
Taxes
$2,862

Home Price

$2,690,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$538,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,897.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,897.80 $2,861.50 $0.00 $16,759.30
Yearly $166,773.65 $34,338.00 $0.00 $201,111.65
Total $5,003,209.37 $1,030,140.00 $0.00 $6,033,349.37
Lender profile image
Will Provost
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Brooklyn Center, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Hatch Brokered by Real | Real Brokerage LLC | PLACE are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
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Data last updated: 2026-09-06T06:58:06.000Z

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