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:
1-Story
Year Built:
1949
Finished Sq Ft:
1,500
Garage:
1 Car Detached
Basement:
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

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