3BR Home in Minneapolis , MN

About This Property

Fully-updated 1926 character home 3 bed full bath + 3/4 bath + bonus half-bath plumbing in basement ~1,550 sq ft, renovated kitchen (granite, farmhouse sink, stainless double oven) Refinished hardwood floors, new windows, new roof, gas fireplace Fenced yard, 1-car garage + storage shed THE DEAL SELLER CARRY Purchase Price: $595,000 Cash to Enter: Contact for details Rate: 3.5% Est. Monthly Contact for details/mo Seller Carry: Contact for details due Year 5 3 WAYS TO RUN THIS PROPERTY (net of Contact for details ) LTR: Contact for details Contact for details/mo +$814 to +Contact for details/mo COMPS: LTR COMPS same 55410 zip, comparable 3-bed footprint 4852 Drew Ave S 3bd/2ba, 1,503 sf just leased Contact for details (May 26) 5100 Xerxes Ave S 2bd/2ba, 1,504 sf listed Contact for details 5936 Vincent Ave S 4bd/2ba, 1,800 sf listed Contact for details 5027 Chowen Ave S 3bd/2ba, 1,956 sf listed Contact for details 4705 France Ave S 3bd/2ba, 1,500 sf listed Contact for details This home s own rental history 3bd/2.5ba, ~1,550 sf leased Contact for details back in 2022 (would price higher today) MTR: Contact for details Contact for details/mo +Contact for details to +Contact for details/mo STR: $200 250/night, ~Contact for details 3,500/mo blended (summer peaks Contact for details+) +$614 to +Contact for details/mo, Contact for details+/mo peak summer Pics: https://drive.google.com/drive/folders/1b2ieEMkjqFgMDnWqdak56PmfyYwIozO-?usp=sharing All three paths positive from day one LTR is simplest/most passive, MTR maximizes monthly income, STR layers on seasonal upside.

Listing Source