7673 East River Road
Description
Dive into a lucrative venture with this exclusive offer—two substantial 4-plex buildings, each available for $750,000, sold together to create a formidable asset in your real estate portfolio. Situated at 7673 East River Road and 106 77th Way, these properties stand out in the market for their expansive units and strategic location, offering a seamless blend of high returns and tenant appeal. Highlights of This Unique Investment:
Spacious...Exceptional Investment Opportunity: Premier 4-Plex Package Deal
Dive into a lucrative venture with this exclusive offer—two substantial 4-plex buildings, each available for $750,000, sold together to create a formidable asset in your real estate portfolio. Situated at 7673 East River Road and 106 77th Way, these properties stand out in the market for their expansive units and strategic location, offering a seamless blend of high returns and tenant appeal. Highlights of This Unique Investment:
Spacious Living Areas: Generously sized units ensure high tenant demand and premium rental rates, enhancing your investment return. Convenient Amenities: Equipped with essential in-building laundry facilities and abundant parking, these properties offer the comforts and conveniences that drive rental desirability. Optimized Portfolio Expansion: Acquiring both buildings simultaneously allows for streamlined management and operational synergies, making this a smart move for savvy investors. Investor Advantages:
Targeted Buyer Appeal: This opportunity is tailored for discerning investors ready to capitalize on a significant market position. Scheduled Viewings: Arrange a tour with a minimum of 24 hours’ notice to fully appreciate the value and potential of these properties, all while respecting our valued tenants’ comfort. Elevate your real estate investment strategy with this premium offering.
- Listed by Investors Realty MN
Property Details for 7673 East River Road
Property Details for 7673 East River Road
| Status | Active |
|---|---|
| MLS # | 6612766 |
| Days on Compass | 13 |
| Taxes | $8,376 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 1966 |
| Lot Size | 0.18 AC / 7,840 SF |
| County | Anoka County |
Building Information for 7673 East River Road
Property Information for 7673 East River Road
- City Name: Fridley
- County Or Parish: Anoka
- County: Anoka-MN
- Directions: N on East River Rd from 694. Property on east side of street.
- Latitude: 45.107359
- Longitude: -93.27433
- Map Coordinate: 78-D2
- Map Coordinate Source: King's Street Atlas
- City and Location: Minneapolis
- City and Location Text: Minneapolis(MN)
- Postal Code: 55432
- State Or Province: MN
- Public Survey Township: 30
- Additional Parcels: No
- Parcel Number: 103024120005
- Tax Annual Amount: $8,376.00
- Tax Legal Description: LOT 3 BLOCK 1 AUS ADDITION
- Tax Other Annual Assessment Amount: $62.00
- Tax Year: 2024
- Tax With Assessments: 8376.0000
- High School District: 14 - Fridley
- School District Number: 14
- School District Phone: 763-502-5001
- Above Grade Fin SQFT: 2394.0
- Below Grade Fin SQFT: 2394.0
- SQFT Total: 4788.0
- Lot Size Area: 0.18
- Lot Size Dimensions: 80 x 152
- Lot Size Units: Acres
- Present Use: Yearly
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- SQFT Main Total: 2394.0000
- Above Grade SqFt Total: 4788.0000
- Below Grade SqFt Total: 2394.0000
- Age Of Property: 58
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
- Accessibility Features: None
- Foundation Area: 2394.0
- Fuel: Natural Gas
- Basement Type: None
- DP Resource: Y
- Heating: Baseboard, Boiler
- Levels: Two
- Number of Refrigerator: Four
- Basement YN: No
- Unit Bath 3Qtr: 0
- Unit Bath Full: 1
- Unit Bath Half: 0
- Unit Bath Qtr: 0
- Unit Monthly Expenses: 0.00
- Unit Rooms Total: 7
- Unit SqFt: 1000
- Unit Type Actual Rent: $1,250.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Units Total: 1
- Unit Type Total Rent: 15000
- Unit Furnished: No
- Unit Bath 3Qtr: 0
- Unit Bath Full: 1
- Unit Bath Half: 0
- Unit Bath Qtr: 0
- Unit Monthly Expenses: 0.00
- Unit Rooms Total: 7
- Unit SqFt: 1000
- Unit Type Actual Rent: $1,275.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Units Total: 1
- Unit Type Total Rent: 15300
- Unit Furnished: No
- Unit Bath 3Qtr: 0
- Unit Bath Full: 1
- Unit Bath Half: 0
- Unit Bath Qtr: 0
- Unit Monthly Expenses: 0.00
- Unit Rooms Total: 7
- Unit SqFt: 1000
- Unit Type Actual Rent: $1,195.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Units Total: 1
- Unit Type Total Rent: 14340
- Unit Furnished: No
- Unit Appl: Dishwasher,Range
- Unit Bath 3Qtr: 0
- Unit Bath Full: 1
- Unit Bath Half: 0
- Unit Bath Qtr: 0
- Unit Monthly Expenses: 0.00
- Unit Rooms Total: 7
- Unit SqFt: 1000
- Unit Type Actual Rent: $1,275.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Type Units Total: 1
- Unit Type Total Rent: 15300
- Unit Furnished: No
Property History for 7673 East River Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7673 East River Road
Schools near 7673 East River Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 5 to 8 |
Rating | School | Distance |
|---|---|---|
Stevenson Elementary School PublicPK to 4 | ||
Fridley Middle School Public5 to 8 | ||
Fridley Senior High School Public9 to 12 | ||
Fridley Middle Area Learning Center Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Investors Realty MN
Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/10/2024 05:03 AM
