Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.

3822 Northern Ave, Spring Park, MN 55384

3 Bedrooms / 1.5 Baths / Single Family

Property Status: Pending |  For Sale: $214,800.00

Property Photos

Creative Financing Opportunity - Lease to Own for 12 months or less while you rehab with assignable purchase agreement in place - Ask me how :-)

Property Status:
This Property is currently...
  • Status: Pending
  • For Sale: $214,800.00
Property Details:
3 Bedrooms / 1.5 Baths / Single Family
Property Style:
Year Built:
Finished Sq Ft:
1 Car Detached
Partial Basement
Owner / Agent:
Real Estate Agent
Property Features:
Central Air
Work Shop / Additional Garage
Contact Info
Investment Property MN / eXp Realty
(612) 695-0167

View on Individual's Website
Property Description:

Buy for $214,800 or Lease to Own with $15K down - $1,725/mo. Buy within 12 month lease for $226,800 - The Spring Park zoning code R-1 district allows two single family dwellings on at least 12,000 sqft. This lot is over 20,000 sqft, so more than enough! Building a twin home/ town home would be a very lucrative investment. - Fuel Oil Tank in the front yard - 200 Gallons - No longer in use after 2014 when owner updated his furnace to a Natural Gas modern system. Great Opportunity for the Right Flipper, Buy and Hold, Builder or Developer - 1/2 Acre Lot / High ground / Very rare - City Tennis courts and Thor Thompson Park just behind the property - Located just a few blocks from the lake and walking distance to several Lake Minnetonka hot spots - The least expensive home SOLD in the area was $560K and then it goes up to 2.5 Million - You can split the lot to build Twin Homes - Walking distance to 5 different Bays, Post Office, restaurants, coffee shops all within 4 blocks - Regional Bike Trail / Luce Line Trail across the street, easy walk over to Lake - Less than a 1 mile from Lord Fletchers, Minnetonka Drive- In, The Narrows Saloon, Lunds & Byerlys, DQ & Culver’s - Very easy access to Shoreline Dr / Cty Rd. 15 and less than 2 Miles to Lafayette Country Club

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.

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

Proud Chapter of National REIA

Follow Us

Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.


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).

Copyright 2020 © Minnesota Real Estate Investors Association, Inc.  All rights reserved.

This REIA Website is powered by: Real Estate Promo.