Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.


6624 Naomi Dr, Minneapolis, MN 55439

Single Family / 5 Bedroom(s) / 4 Bath(s)

Property Status:  Sold | $700,000.00 | 


Property Photos


?? High-End Value-Add Opportunity with Pool & Over $350K in Upside


Property Status:
Sold | $700,000.00

Contact Info
Resolution Home Buyers
(612) 414-9434

Request To See This Property
Property Details:
Single Family / 5 BR / 4 BA
Property Style:
1-Story
Year Built:
1959
Finished Sq Ft:
3,600
Garage:
2 Car Attached
Basement:
Finished Basement
Owner / Agent:
Individual Owner
Property Features:
Central Air
Fireplace
Fenced Yard
Pool
Game Room
Property Description:

This spacious 5-bedroom, 4-bathroom home sits on a 0.25-acre corner lot and offers the size, amenities, and location to support a significant increase in value. With an asking price of $750,000 and an estimated ARV of approximately $1.1 million, this is a rare opportunity to create substantial equity.

The home features a 2-car attached garage, a fully fenced backyard, an in-ground saline pool (pump needs a new motor), and a hot tub, creating the perfect outdoor entertaining space. Inside, you'll find newer mechanicals, a wood-burning fireplace on the main level (the chimney will need a new liner or could be converted to gas), a gas fireplace in the lower level, and a wet bar complete with a wine cooler and beverage refrigerator.

The property is completely livable as-is, making it an excellent option for someone who wants to renovate over time while building equity. For those looking to maximize resale value, the lower level requires only minor cosmetic updates, including paint and carpet. The greatest opportunity lies on the main level, where reconfiguring the layout and updating the finishes could unlock the home's full potential.

Close Date: August 13
Earnest Money: $15,000 non-refundable
Cash or hard money preferred. Conventional financing will be considered with a larger earnest money deposit.



Legal Disclaimer:
Minnesota Real Estate Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Minnesota Real Estate Investors Association, Inc.

2515 White Bear Ave #211
St Paul, MN 55109
 (763) 432-2809

Proud Chapter of National REIA

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