Property Description:
Investor alert! This 3-bed, 2-bath home with a 1-car garage in Plato, MN offers a fantastic value-add opportunity. With 1,400 sq ft of living space (per owner) on a 0.301-acre lot, this 1950-built property is distressed and ready for a full rehab.
The home requires junk removal and wall repairs, but once renovated, it has strong resale potential with an after-repair value (ARV) of $255,000. Located in a quiet small-town setting, Plato offers peaceful living with easy access to larger hubs like Waconia and Chaska, making this deal attractive for flippers or landlords looking to expand their portfolio.