19.4% Cap Rate on this Rental Property ONLY $33,900 - Investors Golden Opportunity - House in excellent condition

By
Real Estate Broker/Owner with WERTH REALTY
213 PARTRIDGE AVE S Glyndon, MN 56547 10-4672 Residential Active $33,900
Provided as a courtesy of Dave WerthKvamme Real Estate
3401 8 St S
Moorhead,MN 56547
Office Phone - (218) 790-7653
davew@kvammerealestate.com
http://NewRealEstateProperty.com
No Photo Available
Sub Type: Single Family Parcel No.: 554000560 Owners: Jason Hamon
Owner Phone:   Owner Phone 2:   Occupant:  
Occupant Home Ph:   Occupant Phone 2:   Subdivision: Original Glyndon
Map Zone: Zone 4 Map Area: K - Glyndon Buyer Agent: 3
Non-Agent: 3 Bonus:   VarComm: No
Permanent Book Msg: UPDATED & READY!!! Owner Prospects: none
Year Built: 1918 Lot Size: 25 X 140 Lot Acres:  
Vacant: Yes Gen Tax: 688 Specials Inst: 42
Specials Unpd: 0 Drain:   Sheyenne Inst:  
Sheyenne Unpd:   Flood Plain: No School District:  
Total SqFt.: 957 Square Ft. Source: Public Records Style: 1 1/2 Story
Total Bedrooms: 3 Total Bathrooms: 1 Total Full Baths: 1
Total 3/4 Baths:   Total Half Baths:   Garage Stls: 1
Garage Type: Detached        
Geo Lat: 46.874717 Geo Lon: -96.579253
Legal: SubdivisionName ORIGINAL GLYNDON Lot 008 Block 010 SubdivisionCd 55400
Public Remarks: Great Starter or Investers! Rental Opportunity w/ Positive Cash Flow and Very High Cap Rate. Understand how to make money work for you with this property! Qualifies for $0 Down Rural Financing. Possible Rental Opportunity $525.00 Per Month - Cap Rate 19.4%
Exclusions: Exclusions: NONE
Showing Instructions: Key: Lock Box; Lock Box Location: Front Door ; None - Go Show
Possession: At Closing
Bedrooms Per Level: Bedrooms - Main: 1; Bedrooms - Upper: 2; Bedrooms - Lower: 0; Bedrooms - Basement: 0
Garage: # Stalls Detached: 1
Exterior: Metal
Roof: Conventional Shingle
Foundation: Crawl Space
Lot Feat/Fld Plain: Corner
Inclusions: Floor Covering; Garage Opener; Electric Range; Refrigerator; Dryer; Washer
Exterior Amenities: Fenced Partial; Storage Shed
Other Rooms: Formal Dining
Heat System: EBB
Water Heater: Electric
Room Name Room Level No. of Rooms Room Remarks
Kitchen M 1  
Dining Room M 1  
Bathroom M 1  
Laundry M 1  
Room Name Room Level No. of Rooms Room Remarks
Bedroom M 1  
Living Room M 1  
Bedroom U 2  
Begin Date: 09/20/2010 End Date: 09/04/2011 Agent Days On Market: 39
Cumulative DOM: 38 List Price: 33,900 Original List Price: 39,900
Status Change Date: 09/21/2010        
LA: Dave Werth; (218)790-7653; davew@kvammerealestate.com LO: Kvamme Real Estate; info@kvammerealestate.com


Information is deemed to be reliable, but is not guaranteed. © 2010 MLS and FBS.
Prepared by Dave Werth on Friday, October 29, 2010 10:18 AM The information on this sheet has been made available by the MLS and may not be the listing of the provider.

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