Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.


3426 Edmar Ln NE, Wyoming, MN 55092

3 Bedrooms / 2.5 Baths / Single Family

Property Status: Sold (Wholesale) |  Sold: $425,000.00


Property Photos


3 BR 2.5 BA on .56 Acre lot with 104' of beautiful lakeshore on nearby Coon Lake


Property Status:
This Property is currently...
  • Status: Sold (Wholesale)
  • Sold: $425,000.00
Property Details:
3 Bedrooms / 2.5 Baths / Single Family
Property Style:
2-Story
Year Built:
1952
Finished Sq Ft:
2,400
Garage:
3 Car Attached
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
Fireplace
Deck
Contact Info
Reigning Properties, LLC
(612) 662-1090

View on Individual's Website
Property Description:

OPEN HOUSE - Tuesday 4/6 2:00 - 7:00

See website with 80 photos HERE

What a great opportunity to own a lake home that is close to the Cities! The first floor is already prepped and close to ready to go back together. All it needs is a new patio door, kitchen, baths, flooring prep, flooring and paint.

This home has an amazing up north feel while still being just 30 minutes from Minneapolis or St Paul. Easy access to Hwy 65 or Interstate 35 for an easy commute to The Cities. This awesome retreat is on a VERY quiet part of the lake and it's almost at the end of a quiet dead end street! Could be a great weekend spot or year round home. The neighboring homes each have a one quarter acre lot in between, so they are not right up on top of you.

Coon Lake is Anoka county's largest, full recreational lake boasting 1,481 acres. Coon Lake is a great lake for fishing, hunting, water skiing, and much more! You can easily grab Walleye, Pike, Crappies and, of course, Bluegills and Sunnies. Here's a link to the DNR Fishing Survey. dnr.state.mn.us/lakefind/showreport.html?downum=02004200

The master suite is amazing with its own balcony, walk-in closet and private bath complete with a double vanity, jacuzzi tub (once you replace it) and a separate shower. The other two bedrooms are very good size with nice closets. There is a 2 car attached garage, a one car detached heated garage and a shed. Family room has a gas fireplace and an amazing view from the wall of windows.

The mechanicals are all in good shape. It has gas forced air, central air conditioning, a water softener and water filter. The septic is in compliance and the water test is being done on the well. The home is connected to natural gas.

Flippers, ARV is $545,000, closing is required by 4/26/21, and possession is set for 5/19/21. We are assigning our purchase agreement and $5,000 earnest money is required upon assignment. Agents please add your fee.



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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