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

MLS ID: 6771692

Directions: Take US-10 to the Anoka exit. Go north on St. Francis Blvd (MN-47), then turn east onto East Main Street. Finally, turn north onto Euclid Avenue—2750 Euclid Ave will be on your left.