$250,000
$250,000
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4 Beds
2 Baths
2,016 SqFt
SOLD DATE : 05/31/2024
Key Details
Sold Price $250,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $124
Subdivision Oak Field First Add
MLS Listing ID 6528687
Sold Date 05/31/24
Bedrooms 4
Full Baths 1
Three Quarter Bath 1
Year Built 2000
Annual Tax Amount $4,550
Tax Year 2023
Contingent None
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 108x156
Property Description
Introducing a prime investment opportunity in a great Princeton community! This home is perfect for those looking to maximize profit through a purchase, rehab, and resale strategy. Please note, this property would not qualify for traditional FHA or VA financing.
As you step into this residence, you'll immediately recognize its potential. The interior is a blank canvas in need of modernization, offering an ideal setup for a profitable renovation. The carpets needs replacement as there is a noticeable pet order in them, and the walls are in need of a fresh coat of paint.
The 3-season porch is currently unfinished, but could easily be transformed into a cozy retreat, adding significant value to the home. Additionally, minor gutter repair is required on the front elevation. This home's future market value is promising. Couple this with a generous re-sale margin, and you have an investment that is hard to overlook.
Location
State MN
County Mille Lacs
Zoning Residential-Single Family
Rooms
Basement Block, Crawl Space, Egress Window(s), Finished, Full, Sump Pump
Dining Room Informal Dining Room
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Exterior
Garage Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Garage Spaces 3.0
Fence None
Pool None
Parking Type Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Building
Lot Description Tree Coverage - Heavy
Story Four or More Level Split
Foundation 1056
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Four or More Level Split
Structure Type Brick/Stone,Vinyl Siding
New Construction false
Schools
School District Princeton
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