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610 Jessamine Ave E, Saint Paul, MN 55130

Property Status: Sold (Wholesale) | Sold: $115,000.00


6 Bedrooms / 3 Baths / Multiple Family


Money Maker Duplex in East Saint Paul!


Property Status:
This Property is currently...
  • Status: Sold (Wholesale)
  • Sold: $115,000.00
Property Details:
Property Style:
Duplex
Year Built:
1890
Finished Sq Ft:
2,450
Basement:
Finished Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Smith REI Group
(612) 254-0624

View on Individual's Website
Wholesale contract available: 2 bed 1 bath upstairs unit basically rent ready. 4 bed 2 bath downstairs, main level needs make ready, basement needs repairs. Both units have their own laundry. Purchase Price: $115k Rehab: $20-30k (price from GC) ARV: $180k (solid comps) Rents: $2500 CAP: 20% IRR: 38% Title is open and will not be moved. Either you or I will close on this property on April 1st. 2 options for acquiring: 1. Pay $5k non refundable deposit. 2. Pay assignment fee ($10k) in full for discounted purchase price ($110k). If interested, contact me for a link to the google drive with full photos and rental analysis.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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.

7040 Lakeland Ave N #200
Brooklyn Park, MN 55428
(763) 432-2809

Proud Chapter of National REIA

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www.MnREIA.com  (Minnesota Real Estate Investors Association, Inc.) does not give legal, tax, economic, or investment advice. MnREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

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