1920 South 1St Street Minneapolis, MN 55454 (612) 408-3927 Contact Us
Three-bedroom, one-and-a-quarter-bath single-family home built in 1928 with 1,016 sq ft above ground and 696 sq ft unfinished basement. Interior features include hardwood floors, updated main-level bathroom with tile surround, newer kitchen cabinetry and countertops, and newer furnace and water heater. Exterior includes a front porch, large backyard deck, and a detached 1.5-car garage. The home retains original woodwork and has potential for basement expansion.Property is subject-to with $201K debt at a low 3.3% interest — cheaper than current rates. Bringing the mortgage current costs $45K, and the full acquisition will be around $252K, well below market value. ARV is ~$275K+, giving instant equity.
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.Real Estate Promo 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.
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