Wholesale Opportunity: Woodlake Village Richfield MN (Richfield)

1030 W 66th St 2, Minneapolis, MN 55423

$155,000 After Repair Value -
$118,000 Asking Price -
$10,000 Cost of Repairs =
$27,000 Potential Profit

Property Details

Asking Price $118,000

After Repair Value $155,000

Costs of Repairs $10,000

Potential Profit $27,000

Living Area 1062 ft2

Property Type Townhome

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

-Main (Ground Level) all windows South facing
-2 Bed /1 Full Bath
-Living Room w/wood burning fireplace
-Eat-in kitchen
-Dining room
-Walk in master closet
-Laundry Room: washer/drier
-Detached Gaarge Steps Away
Recent Retail Comps: $140k to $155k
Annual Property Taxes : $1270
HOA Dues: app. $290/MO
Rent Estimate: $1350/Mo
This is a PRE-HAB property.
Estimated Rehab Cost: $10k-$15k depending on level of finish



Taking offers AS IS on wholesale ready funds transaction until Feb. 1, 2018.
Purchase Agreement to be Accepted with $5k Earnest Money and Proof of Funds.
Seller will pay for cash closing up to $500.
Reserve price is $118k.

Repairs Needed

New Flooring, paint, kitchen and semi-bathroom

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