Rare Off Market Side by Side Duplex Located in Hopkins!
Great opportunity for owner occupied investors or for a rental. Side by side split foyer duplex located on a corner lot. Quiet neighborhood, but only minutes away from highway and stores. Property is currently occupied on both sides by owners. Potential rent is $1650+ each unit.
6bed 2bath 2car garage Built in 1977
Purchase Price:$275,000
ARV:350,000+ Repairs: For a Flip - 20k (TLC and updates, depends on finishes.) For a Rental - 5k (clean/paint/carpet/new appliances/minor repairs.)
Cash or Hard Money Only. Require $2500 non-refundable earnest money with offer. Will need proof of funds
Comps: There is no comparable property style for this property. So we used bungalows within 1/2 mile radius, 6 month sale history.
506-508 Sunnyside Ln 3bed 2bath duplex no garage Sold for $325,000 in 6/4/18
409-411 Monroe Pl 4bed 2bath duplex 2car garage Sold for $384,500 in 9/21/18
246-248 Jackson Ave N 4bed 2 bath duplex 2 car garage pending for S325,000 as of 10/23/18
Video Walkthrough links can be found here: https://drive.google.com/open?id=14HRn_pyhSdb2htov7X_iCLAiCIXSeycR
Please contact Xai for more details at 612-558-7957
