Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.

This Property is Not Active


2308 Aldrich Ave N, Minneapolis, MN 55411

Multiple Family / 4 Bedroom(s) / 2 Bath(s)

Property Status:  Not Available | $146,900.00 (Wholesale) | 


Property Photos


Off Market Property, Investor friendly - Newly Updated, Great Cash Flowing Duplex for buy & hold- 13.5% Cap rate, 49.4%+ Cash on Cash return


Property Status:
Not Available | $146,900.00 (Wholesale)
Property Details:
Multiple Family / 4 BR / 2 BA
Property Style:
Duplex
Year Built:
1888
Finished Sq Ft:
1,952
Basement:
Partial Basement
Owner / Agent:
Wholesale
Property Features:
Fenced Yard
Contact Info
Western Property Solution
(651) 217-7379

View on Individual's Website
Property Description:

Updated bathrooms in both units. New windows, doors, trim, throughout New retaining wall in back by driveway Renovations should be complete and turn key before the 1st of June Does need appliances for both units and roof (shingles) at some point Less than 5 minutes from highway 94 New paint and flooring also throughout Potentially get your Investment back in as little as 2 years Updated kitchen in each unit: tile, sinks, counters Conservative repair/ update cost at $10 dollars a sq ft = $19,520 Further discounted until end of May, after will be raised to $167,000 click on link or copy and paste to see full property portfolio: docs.google.com/document/d/1KJFb5diootZlyo2S-In_L4DeSVY7IHmaRR-940z5TtI/edit?usp=sharing



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. 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 nor will be held liable for the property or the information listed here.

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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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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