90K+ Gross Profit Potential FLIP in S MPLS – SFR Unfinished Rehab is Your Gain! Sold

  • $RETAINED BY OWNER
  • 2 beds
  • 2 baths
  • 1,204 sqft

3108 – 30th Ave S, Minneapolis, MN 55406

2+ BR / 1+ BA / 1,204 sqft / 2.5 Car Garage / 0.14 Acres

(Will be 3 BR/3 BA/2.5 Garage/1,672 SF When Rehab Finished)

ARV Estimate: $375K+     Rehab Estimate: $90K (See Below)

RETAINED BY OWNER

 


Comps to Consider

It’s a very unique property that will be one of only a few to have 3 BR / 3 BA and a 2.5 Car Garage   in the area check out the comps below. Rehab started…now all you need to do is finish it 🙂


MUCH OF THE REHAB HAS BEEN STARTED OR FINISHED. HERE ARE SOME OF THE IMPROVEMENTS NEEDED TO GO TO MARKET AS A 3 BR  / 3 BA /1,672 sqft*:

In order to add to the house square footage in the basement, it needs to be dug deeper to make the ceiling higher, current height is 6′-3″  You need to dig 9 inches deep or more and add an egress window to add a legal bedroom in the basement ($12,000 is one bid they got).

– Electrical needs to be finished
– Half the drywall needs to be finished and painted
– Floors need to be refinished
– A few more windows in the need to be replaced
– Needs full kitchen
– Finish 3 bathrooms already roughed in
– Need to fix the basement staircase

– Exterior painting and other finishes . . .

 

>> MORE PHOTOS HERE <<

*This home’s rehab has a good start but needs an experienced flipper to finish 🙂

 


S Minneapolis Property Details

Across the street from Longfellow Alternative High School. Close to Minnehaha Academy High School  & Top Rated – Howe Elementary School. Less than a 1/2 mile to Longfellow Park. Only 2 blocks to the different bus lines and 5 blocks to the Light Rail.

  • PROPERTY DETAILS

    Originally – 2 Bed // 1 Bath // 1,204 sqft.
    When Rehab Completed – 3 Bed // 3 Bath // 1,672 sqft
    2.5 car detached garage
    Built: 1908
    Lot size: .14 Aces
  • Measurements:
    Foundation = 24 x 26
    Garage = 24 x25
    Master = 13 x 16 + 5 x 13 ensuite 3/4 BA
    2nd Bed = 12 x 13 Upper
    Full Bath = 9 x 10 Upper
    Front Porch = 7 x 20
    Front Entry Area = 7 x 13
    LR = 12 x 13
    DR = 12 x 13
    Kit = 12 x 13
    Back Entry = 4 x 10
    3rd Bed = 8 x 11 Lower
    3/4 Bath = 5 x 11 Lower
    Family Room = 11 x 22 Lower

 

FLIP:  BUY for $195K/ PUT $90K in/ ARV of $375K+ = $90K+ in Potential Gross Profits!

HIGHEST AND BEST OFFER BY 5PM ON WEDNESDAY 12/2

$5,000 Non-Refundable Earnest Money
Required to Secure Property

 

RSVP DETAILS 

Choose a specific walk thru time slot (see below) when you RSVP, in order to limit the amount of people at the property, at one time.

THIS TUESDAY (12/1)

12:00PM // 12:30PM //1:00PM

3108 – 30th Ave S, Minneapolis, MN 55406

 

Please RSVP by sending an email to
MartyTurner123@gmail.com

 

  • Upon receipt of your email RSVP you will receive an additional information sheet about the property.
  • Face coverings/masks must be worn at all times while on and in the property. Thank you!  

 

For more information please Call, Text or Email  – Marty Turner

612-695-0167
MartyTurner123@gmail.com

 

Martin “Marty” Turner is an agent with eXp Realty

 


NOTE:

Some of our properties are occupied. Please do not disturb occupants. For access and more information or questions about the property contact our agent. $5,000 Non-Refundable Earnest Money Required to Secure Property with all offers.

REALTORS:

If you are currently working with a client, and wish to receive commission, please note that the wholesale price does not include your commission.

You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.

There is no listing agreement in place, therefore, no cooperation policy applies to this transaction and at this time the above property will not appear on any retail market listing services.

DISCLAIMERS:

*PropertyInvestmentMN.com is a website brand owned and controlled by Property Investment Enterprises, LLC., and all properties listed herein are owned or under contract by Property Investment Enterprises, LLC or listed with one of our licensed partner agents. Property Investment Enterprises, LLC is in the business of acquiring properties/contracts and selling wholesale to investors.

** A contract or listing of the property is being marketed, and may not currently be owned by Property Investment Enterprises, LLC. Property Investment Enterprises, LLC is not a real estate brokerage and does not represent buyers or sellers, nor does it receive commissions of any kind. Property Investment Enterprises, LLC is represented by eXp Realty and licensee Martin Turner to facilitate all its’ transactions, and state forms are used in all sales. Property will not be considered under contract until signed contract and deposit is received by the title company with all contingencies removed.

*** Property Investment Enterprises, LLC (PIE) has exclusively relied upon the information listed within the County Assessors and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Investor acknowledges and accepts that PIE makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property.  Investor acknowledges that it has conducted its own investigation of these facts and due diligence. Investor will verify all material facts including square footage and is purchasing the subject property based upon its own conclusions. Investor expressly acknowledges that it is purchasing the property in “as is, where is” condition. All properties are subject to errors, omissions, deletions, additions, cancellation.

Price:
$RETAINED BY OWNER
Address:
3108 30th Ave S
Minneapolis, MN 55406
Square Feet:
1,204
Lot Size:
.14 Acres
Bedrooms:
2
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1908
Const. Type:
Single Family

Call 651 401 8029 for more details

Property Location