$850,000

2750 Euclid Avenue, Anoka, MN 55303

  • 3,868 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $220/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

INCREDIBLE SELLER FINANCING OPPORTUNITY! This 4-unit multifamily property at 2750 Euclid Ave features exceptional owner financing with contract for deed or interest-only terms at just 1-4% rates, as little as 10% down, and up to 10 years - making this high-value asset accessible with outstanding cash-on-cash returns. The property (3 two-bedroom units and 1 one-bedroom unit) offers immediate value-add potential with a projected 44% NOI increase to $49,463 through RUBS implementation and rent optimization. The top two floors featuring two-bedroom units have been stunningly redone, while the property benefits from Anoka's stable rental market, the city's $150 million capital improvement program (2024-2028), and active nearby development. At $850,000 with these extraordinary financing terms, this turnkey asset transforms from a premium-priced property into a cash flow goldmine for savvy investors who can leverage the seller's flexible financing to maximize their investment potential. Don't miss this rare combination of seller financing and value-add upside in a proven market! Rent: 1350,1350,1300,1050

Listing Status:
Active
Listing Office:
Real Broker, LLC : 651-370-9026
MLS ID:
6771692
  • Basement: None
  • Heating: Forced Air
  • Parking: Detached
  • General: Two
  • Originating MLS: northstar
  • School District: Anoka-Hennepin
  • County: Anoka
  • Zoning: 013125220070
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Franklin Elementary School

215 W Main St, Anoka, MN, 55303

Grades KG-5

0.79 miles away

A

Anoka-Hennepin Specialty Program

2727 N Ferry St, Anoka, MN, 55303

Grades 6-12

0.69 miles away

S

Step Ahead High School

1353 W Main St, Anoka, MN, 55303

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.