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$850,000
Est. payment /mo
3,868 SqFt
Active
2750 Euclid AVE Anoka, MN 55303
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,868 sqft
Price per Sqft $219
Subdivision Highland Park Add To Anoka
MLS Listing ID 6771692
Year Built 1980
Annual Tax Amount $7,251
Tax Year 2025
Contingent None
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 130x42x130x42
Property Sub-Type Quadruplex
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
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
Location
State MN
County Anoka
Zoning Residential-Multi-Family
Rooms
Basement None
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 4.0
Building
Story Two
Foundation 1934
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Wood Siding
New Construction false
Schools
School District Anoka-Hennepin
Listed by David Kampmeyer • Real Broker, LLC
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