Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.

11509 Winnetka Ave N, Champlin, MN 55316

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

Property Status:  Sold | $322,790.00 (Wholesale) | 

Property Photos

Assigning a Subject To Live-in or Investment Opportunity in Champlin, MN

Property Status:
Sold | $322,790.00 (Wholesale)
Property Details:
Single Family / 4 BR / 2 BA
Property Style:
Year Built:
Finished Sq Ft:
2 Car Attached
Finished Basement
Owner / Agent:
Property Features:
Central Air
Contact Info
Papa Buys Properties, LLC
(952) 522-6564

View on Individual's Website
Property Description:

Subject To Live-in or Investment Opportunity in Champlin, MN

Great rambler in a great neighborhood! 1st floor has 3 bedrooms with 1 bath and is in fantastic shape. There is no work needed upstairs! The basement is apart and needs drywall or paneling put back. The basement bath has a full bath, but needs the walls moved to make it functional. There is already an egress in the 4th bedroom downstairs. Great for house hacking!!!!

Bed/Bath: 4/2
Purchase Price: $322,790.00
I have the property under contract
Assignment Fee: $10,000

 CLOSING 10/23/23


Down Payment: $20,500

• $10,000 to Seller

• $10,500 to Agent

Terms of the Deal:
• Mortgage Balance $292,290.88 (29 years remaining)
• PITI = $2,047.75

• Interest Rate 4.5%

TOTAL ENTRY FEE - $20,500 + $10,000 = $30,500 + both sides closing costs

Interior Pictures Here

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.

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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