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CEDAR LAKE MINNEAPOLIS, MN 55405
- Townhouse or Condo / REO Foreclosure
Property Details for CEDAR LAKE St, MINNEAPOLIS, MN 55405
Features
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Facts
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Description
This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.
Add this cash cow duplex to your portfolio or live in one and rent the other out. This property has been meticulously maintained and updated throughout the years. Duplex has a front and a back unit with two-stall garage for each of the tenants. Back Unit in 2011, the home was completely remodeled from studs in. More recent updates in 2022 includes - two new bedrooms, new kitchen, new flooring, new forced air, upgraded electrical writing to 200 amps. This unit 2 bedrooms and 2 bathrooms. Front Unit has similar upgrades - in 2011. Upgraded electrical writing to 200 amps (2022). Consist of 3 bedrooms and 2 bathrooms. Close to 394/94. Rents are between $1600-$2000.
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