30+ Properties Now Available 3-19-2008
Sunday, March 29th, 2009Here are a list of over 30 houses right now, mostly non mls the sellers are friends of mine and would like to sell, at a very good discount. If interested at all, please email me ron@minnesotainvestors.com 763-300-1648
Blaine-3501 125th 3 bdrm/3 Bath with a loft 2445 FSF . with an unfinished basement. $325,000 is the price. This property is Non MLS. At the time the builder started to build these homes the first three homes were showing comps of around 500k. The builder says if someone wants to build he can use these prices This house has many upgrades throughout. The sales terms are as follows: For Sale or Contract for Deed, with a Minimum of 5% down for contract for deed buyers. The price, if sold on a c/d will be more then compared to a regular financing sale. Photo : 1 2 3 4
Blaine-3517 125 th 4 bdrm/3 Bath —-2445 finished square feet pricing of only $325,000 – with unfinished basement. – The price will be more if the property is sold on a c/d then if you were to buy with regular bank or FHA financing. At the time the builder started building these homes the first three homes were showing compass at around 500k. The builder says if someone wants to build he can use these prices. This property is Non MLS, not listed at this time- There are many upgrades in this property. You can buy this property For Sale with financing, or on a Contract for Deed, Minimum 5% down for c/d buyers. Photo : 1 2 3 4
Blaine-12548 Quemoy 4 bedroom-3bath —2700 fsf price of $325,000 . At the time the builder started to build these homes the first three homes were showing comps of around $500,000. The builder says if someone wants to build he can use these prices. This house has a finished basement with many upgrades. This property is For Sale with financing or on a Contract for Deed, with a Minimum of 5% down for c/d buyers, and the price is more on a c/d then for a regular financing sale.This is Non MLS Photo : 1 2 3 4
Blaine-12552 Quemoy 2 bedroom-2 bath 1405finished square feed with an unfinished basement –$274,900 with unfinished basement. This property is For Sale with financing or for sale on a Contract for Deed, Minimum of 5% down for contract for deed buyers, and the price is more on a c/d then for a regular financing sale. This property is Non- MLS, and not listed. Photo : 1 2 3 4
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME!
$114,999
2 bedroom 2 bathroom maintained townhome
townhome is less than 3 years old
custom blinds
upgraded lighting
walk in closets
faces a well maintained courtyard
oversized 1 car garage
private patio and walk in closets
lawncare
water/sewer
garbage/recycle removal
snow removal
Maple cabinets & woodwork
deck
extra storage in garage
open floor plan
laundry near bedrooms.
14801 Xkimo Street NW , Ramsey, MN 55303 Photo
Status: Active List Price: $164,900-Original List Price: $187,900
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME!
School District: 11 - Anoka-Hennepin-763-506-1000
Public Remarks: Beautiful Rivers Bend area. Sunken living room w/fireplace, , front friendship porch, eat in kitchen & pass through dining, wonderful private yard with fence, many mature trees/shrubs, bay window in kitchen. Large basement, vaulted ceilings, walk-in master closet. Owner is not an agent. Four or more level split, 1036 foundation, 343 below ground, 1379 total square feet. Tax amount $2439, asses. Bal $36, homesteaded, lot size W90*143*90*141 Legal Description: LOT 22 BLK 3 RIVERS BEND SUBJ TO EASE OF REC
2834 117th Lane NE , Blaine, MN 55449 6 bedroom, 5 bathroom, 3car, 2005 built Two Years Ago 1.4 Appraisal $674,900 Active List Price THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! Legal Description: LOT 3 BLK 12 THE LAKES OF RADISSON 3RD ADD, SUBJ TO EASE OF REC School District: 11 - Anoka-Hennepin-763-506-1000
Public Remarks: This fantastic home on Sunrise Lake has a wall of windows looking onto the lake w/the finest cherrywood detail throughout. Marble floors w/unique designs on main level! Magnificent master bdrm w/fplc. Sit and enjoy the views from your sunroom and deck. Photo
1112 Pierce St NE MPLS
4 Bedroom 2 Bath all rehabbed
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME!
Appraised near the beginning of this year @ 260k selling at 183K ($77,000 below appraisal)
This property is rehabbed with tile kitchens and baths & new appliances
Rented at $1200/month
2629 University Ave NE
4 Bedroom, 2 Bath all rehabbed
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME!
Appraised near the beginning of this year @ 260k I need 183K ($77,000 below appraisal)
This property is rehabbed with tile kitchens and baths & new appliances
Currently Rented at $1400/month. Photos 1 2
2621 Aldrich Ave S Minneapolis (uptown) 2 bedroom all rehabbed,
Appraised near the beginning of this year @ 278k I need 193k ($85,000 below appraisal)
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME!
This house has been rehabbed with tile kitchens, baths & new appliances
Currently Rented at $1100/month.
Triplex Hopkins all rented out at a total of $1800 month. This triplex is selling at $253k and has a $355k appraisal. ($102,000 below appraisal) The Appraisal is available upon request for serious inquiries. THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME. Photos 1 2 3
11xx 8th St SE, Minneapolis-$600k price, $4800/mo rent $394.90/mo taxes $210.04/mo insurance. THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! All of these properties are turn-key. You will not have to put a dime into them.
There are very few unfinished areas for growth in rent. The rents are low as you
for the area. Seller has been busy with his construction company and not wanting to
battle to rent them. They rent on the 1st to 3rd showing at these prices. So
you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it.
It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. See Photos
11xx 17th Ave SE, Mpls $290k price $2450/mo rent, $262.46/mo taxes, $102.55/mo insurance
going on market the week of 2/23 have many interested parties
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME!
All of these properties are turn-key. You will not have to put a dime into them.
There are very few unfinished areas for growth in rent. The rents are low as you
for the area. Seller has been busy with his construction company and not wanting to
battle to rent them. They rent on the 1st to 3rd showing at these prices. So
you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it.
It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that.
8xx 19th Ave SE, Mpls $235k price, $1800/mo rent, $241.40/mo taxes, $95.33/mo insurance
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME!
All of these properties are turn-key. You will not have to put a dime into them.
There are very few unfinished areas for growth in rent. The rents are low as you
for the area. Seller has been busy with his construction company and not wanting to
battle to rent them. They rent on the 1st to 3rd showing at these prices. So
you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it.
It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. See Photos
10xx-10xx 24th Ave SE, Mpls $335k price, $2650/mo rent, $298.16/mo taxes, $128.38/mo insurance. THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! All of these properties are turn-key. You will not have to put a dime into them.
There are very few unfinished areas for growth in rent. The rents are low as you
for the area. Seller has been busy with his construction company and not wanting to
battle to rent them. They rent on the 1st to 3rd showing at these prices. So
you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it.
It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. See Photos
10xx 25th Ave SE, Mpls, $335k price, $2650/mo rent, $299.86/mo taxes, $124.11 insurance
The rents are low as you for the area. Seller has been busy with his construction company and not wanting to battle to rent them. They rent on the 1st to 3rd showing at these prices. So you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it. It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! All of these properties are turn-key. You will not have to put a dime into them. There are very few unfinished areas for growth in rent. See Photos
8xx 27th Ave SE, Mpls, $215k price, $1700/mo rent, $233.29/mo taxes, $103.42/mo insurance
All of these properties are turn-key. You will not have to put a dime into them. There are very few unfinished areas for growth in rent. The rents are low as you for the area. Seller has been busy with his construction company and not wanting to battle to rent them. They rent on the 1st to 3rd showing at these prices. So you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it. It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! See Photos
8xx-8xx 24th Ave SE, Mpls $450k price, $3500/mo rent, $338.96/mo taxes, $92.23/mo insurance
THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! All of these properties are turn-key. You will not have to put a dime into them. There are very few unfinished areas for growth in rent. The rents are low as you for the area. Seller has been busy with his construction company and not wanting to battle to rent them. They rent on the 1st to 3rd showing at these prices. So you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it. It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. See Photos
11xx 23rd Ave SE, Minneapolis $290k price $2,450.00/mo rent $165.31/mo taxes, $86.19/mo insurance. THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! All of these properties are turn-key. You will not have to put a dime into them.
There are very few unfinished areas for growth in rent. They rent on the 1st to 3rd showing at these prices. So you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it. It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. All of these properties are turn-key. You will not have to put a dime into them. There are very few unfinished areas for growth in rent. The rents are low as you
for the area. Seller has been busy with his construction company and not wanting to
battle to rent them. See Photos
10xx 17th Ave SE, Mpls $300k price, $2600/mo rent, $45.53/mo taxes, $54.28/mo insurance
Sold pending inspection 2/23 THIS IS NOT AVAILABLE ON CONTRACT FOR DEED OR RENT TO OWN AT THIS TIME! All of these properties are turn-key. You will not have to put a dime into them. There are very few unfinished areas for growth in rent. The rents are low as you for the area. Seller has been busy with his construction company and not wanting to battle to rent them. They rent on the 1st to 3rd showing at these prices.
So you could push the rents if you took more time. Seller does not NEED to get rid of these places. He is hoping to do a project in the area and would LIKE the capital to do it.
It would make his financing easier. He may make the sales part of a 1031 tax deferred exchange. He is looking to buy a new company and needs some cash for that. See Photos
The seller has provided a cash flow example (email me for other properties)
Example 1:
With 25% down they will have very good cash flow. The way I have priced them is if a person could 100% finance them they would still make $300-$400 per month. Example
5 bedroom, 2 bath
Rents for $2500/month, renters pay ALL utilities!
Price $290,000 should be about $2100 per month cost to owner PITI
Cash flow $400/month no money down
It they put down 25% they would have a lot more cash flow in a great area!!
25% down should be $900/month cash flow
Example 2:
3br/2ba per side
Rents are $2800/month, owner has to pay water, sewer, trash of about $125/month
Cash flow $375/month no money down
Price is $335,000 should be about $2400 per month cost to owner PITI plus the $125 for w,s,t $2525/m
25% down should be $875/month cash flow
The seller has many more u of m properties available, email me for details
3311 Colfax Ave N See Flyer
$65,000
good condition
1.5 Yr History Pays Well. Potential Long Term tenant
$924/mo insurance
$1336/taxes
$1150 paid in rent per month
3330 Newton Ave N See Flyer
$65,000
good condition
Sect 8 Covers entire rent. Potential Long Term. Seller pays water
$60/misc per month
$924/mo insurance
$1386/taxes
$1213 paid in rent per month
3927 Dupont Ave N See Flyer
$65,000
good condition
Tenant Pays Well. 4 Yr History. Tenant pays 775 Sec 8 pays 475
$924/mo insurance
$1957/taxes
$1250 paid in rent per month
1700 Thomas Ave N
$65,000
good condition
Ask for more details on the tenant situation
$924/mo insurance
$1737/taxes
$1175 paid in rent per month
2730 Thomas Ave N
$65,000
$924/mo insurance
$1476/taxes
$987 paid in rent per month
good condition
Ask for more details on the tenant situation
3455 Queen Ave N
$65,000
$924/mo insurance
$1803/taxes
$1200 month paid in rent
this property is in good condition
Please Ask for more details on the tenant situation
3622 Logan Ave N
$65,000
good condition
Ask for more details on the tenant situation
$1958/taxes
ask about rent
311 23rd Ave N
$65,000 Price
This property is in good condition
$924/month for insurance
$1471/taxes annually
$1100 range on rent per month
Ask for more details on the current tenant situation
3502 Colfax Ave N
$65,000
$924/mo insurance
$1716/taxes
$1100 range on rent per month
This Property Needs Work
Please Ask for more details on the tenant situation
3155 81st Street East, Inver Grove See Flyer w/Photo
$259,900
Own this house for as low as $1642.67 per month with 5% down
Features:
· 3 Bedrooms (2 on Main Floor)
· Huge Bedroom or bonus room on lower level
· Full Bathroom on Main Floor
· ½ bath on lower level
· Living Room and Family Room
· Full Walk out to lake on 1 1/4 Acres
· Beautiful Oak Floors
· Living Room with picture windows
· Eat in Kitchen
· Screen Porch overlooking the lake
· 2 Car Attached Garage
And MORE
Short walk to Simley Middle and High School
$2042.80 Total Projected Payment with Interest of $1707.23, Tax of $340.13 & Insurance of $60
