1. Home
  2. Minnesota
  3. (private lake, pond, creek)

Fantastic investment opportunity in Columbia Heights! This $670,000

1733 37th Avenue NE, Columbia Heights, MN 55421

9 br, 0.0 ba, 1963 3840 sf
Anoka County
Ad #: 6225630

Home For Sale

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!

Open house: 6/7 12:00 - 15:00

Property Details

  • Beds: 9
  • Baths: 0.0
  • Sq Feet: 3840
  • Year Built: 1963
  • Location: (private lake, pond, creek)
  • Acres: 0.389
  • Waterfront: Yes
  • Waterview: Yes
  • County: Anoka County
  • Community: Aud Sub Waltons Sunny Ac 3rd
  • Garage: Driveway, Garage, Garage - Detached
  • Siding: Concrete
  • Roof:
  • Property Taxes: $7,164
  • MLS #: 6725651

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: Charity Ashpole, National Realty Guild, 651-330-8001, 651-330-8001 Listing Site, Listing Status: Active
Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Columbia Heights, Minnesota
Ad Number : 6225630
Viewed: 8 times
Added: May 28, 2025
Updated on: May 28, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.