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7673 E River Road

Fridley, MN 55432

– beds
– baths
4,788 sqft
$156 per sqft
1966 build
– on site

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.

Listing courtesy of NORTHSTAR / Maureen McGarry / Investors Realty MN

Last checked: Checking… • Last updated Oct 10, 2024 •

MLS# 6612766 —

The Building

Year Built:

1966
New Construction:

false
Age Of Property:

58
Construction Materials:

Stucco
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

2394.0000
Basement:

None
Basement:

false
Foundation Area:

2394
Above Grade Finished Area:

2394
Below Grade Finished Area:

2394

Room Dimensions

Living Area:

4788

Location

Directions:

N on East River Rd from 694. Property on east side of street.
Latitude:

45.107359
Longitude:

-93.27433

The Property

Parcel Number:

103024120005
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.18
Lot Size Dimensions:

80 x 152
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

8376
Tax With Assessments:

8376.0000

Heating & Cooling

Heating:

Baseboard, Boiler

Utilities

Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Fridley

The Community

Subdivision Name:

Aus Add
Assessment Pending:

Yes

Parking

Parking Features:

Asphalt

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/9/24 Oct 9, 2024	Listed / Active	NORTHSTAR	$750,000	30.4% (7.4% / YR)
8/26/20 Aug 26, 2020		NORTHSTAR	$575,000	4.5%
7/26/20 Jul 26, 2020		NORTHSTAR	$550,000

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This multifamily located in Craigway, Fridley, MN 55432 is currently for sale for $750,000. 7673 E River Road is a 4,788 square foot multifamily with – beds and – baths that has been on Estately for 45 days. 7673 E River Road is in the Craigway neighborhood of Fridley and has a WalkScore® of 47, making it car-dependent. This multifamily is in the attendance area of Fridley Middle School, R L. Stevenson Elementary School, and Fridley High School.

Listing Courtesy of: NORTHSTAR and Investors Realty MN.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.