If you’re looking for an attractive investment opportunity in Minnesota, this investment property for sale is definitely worth considering. Located in close proximity to a college campus, this property offers a range of benefits for potential investors, making it an ideal choice for those looking to expand their real estate portfolio.
One of the main advantages of this investment property is its location. Being close to the college campus makes it an attractive option for students, staff, and faculty members who are looking for convenient and affordable housing options. The property’s proximity to campus facilities, including libraries, lecture halls, and sports facilities, reduces commute time and enhances the overall appeal for potential renters.
The house itself is spacious and well-designed, with five good-sized bedrooms offering ample accommodation for students or tenants. With three bathrooms located on each level, the home ensures convenience and comfort for multiple occupants. This means that the property can be rented out to multiple tenants, allowing investors to generate a higher rental income.
The cape cod design of the property adds charm and character, creating an inviting atmosphere that will appeal to potential renters. This style of architecture is popular in the area and is sure to attract tenants who appreciate historic homes with plenty of character.
One of the most attractive features of this investment property is the fact that a Contract for Deed is possible. This means that the seller can act as the bank and finance the purchase directly, allowing investors to bypass the traditional mortgage process. This can be a great option for investors who may have difficulty securing financing through traditional means.
In conclusion, this Minnesota investment property for sale is an excellent opportunity for investors looking to expand their real estate portfolio. With its close proximity to the college campus, spacious design, and charming cape cod style, this property is sure to attract tenants and generate a steady rental income. And with the option for a Contract for Deed, this property is well-suited for investors who may have difficulty securing traditional financing.
1001 15th Avenue S, Saint Cloud, MN 56301