Amazing investment and possible owner occupant opportunity in Wayzata schools! Side by side walkout 2 story on a .53+ acre lot with a creek running just behind the fence at the back of the lot. This property has been updated for the long game. Major updates performed during ownership: new vinyl windows, LP Smart Siding 2015, GAF Timberline roof 2011, furnace and air on both sides 2014. Both units have been updated with granite and stainless kitchens, tile baths and luxury vinyl flooring (waterproof). 3044 (unit 2) has a sliding glass door and is all set to add a deck. Cap rate at 7+ with great upside for future rent growth. Both units currently under-rented at $1895 per side. 3044 is rented through April 2021. 3042 on a month to month lease for flexibility of the new buyer to owner occupy if desired, but would stay long term. Potential rent = $2,100/unit - see "financials" section for full details
Listing courtesy of Edina Realty, Inc..
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