1733 37th AVE NE Open House Save Request In-Person Tour Request Virtual Tour
Columbia Heights,MN 55421
OPEN HOUSE
Sat Jun 07, 12:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $174
Subdivision Aud Sub Waltons Sunny Ac 3Rd
MLS Listing ID 6725651
Year Built 1963
Annual Tax Amount $7,164
Tax Year 2024
Contingent None
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions S50x140x55Lx165
Property Sub-Type Duplex Up and Down
Property Description
Fantastic investment opportunity in Columbia Heights! This spacious property was previously used as a triplex and is currently zoned R2 and will need to be converted back into a legal duplex to meet city requirements. Seller willing to escrow or you can buy as-is. Property can be used as a single family home if no rental license is wanted. Flexible layout options allow for 2 large units. Architectural plans propose a 5 bed/2 bath upper and 4 bed/2 bath lower unit. Seller is open to Contract for Deed financing at 5% interest, 30% down for 5 years. Property management is available at just 7% a month. Major updates include a new roof on house and garage (2017), two new boilers (2018), two new water heaters (2019) and updated bathrooms and kitchen on the lower level. Gross rents will be $6,000 a month! Low maintenance, high potential! Perfect for a first time investor! Don't miss this opportunity to add value and long-term cash flow to your portfolio!
Location
State MN
County Anoka
Zoning Residential-Multi-Family
Body of Water Hart
Rooms
Basement Daylight/Lookout Windows,Egress Window(s),Finished,Full,Owner Access,Walkout
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Detached,Concrete
Garage Spaces 2.0
Fence None
Waterfront Description Lake Front
View Panoramic
Roof Type Age 8 Years or Less
Road Frontage No
Building
Lot Description Some Trees
Story Two
Foundation 1920
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Columbia Heights