Property Listing
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
Property Information
Status: Active
Sub Type: ********
List Price: $850,000
MLS#: 6771692
Current Price: $850,000
Address: 2750 Euclid Avenue, Anoka, MN 55303
City: Anoka
State: MN
Postal Code: 55303
Geo Lat: 45.208947
Geo Lon: -93.405697
Subdivision: Highland Park Add To Anoka
County: Anoka
Property Description
Year Built: 1980
Lot Size SqFt: 11325.6
Gen Tax: 7313
Specials Inst: 62
High School: Anoka-Hennepin
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 3868
Style: Array
Total Bedrooms: 7
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 4
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: