1301 Wertz Avenue SW
Property Description
LOOKING FOR VALUE? HERE'S YOUR OPPORTUNITY! Offered at just $64,900, this legally zoned two-family property offers incredible versatility, plenty of possibilities, and room to build value! Imagine living in one unit while renting the other to help pay the mortgage, or utilizing the entire home as a spacious 4-bedroom, 2-bath single-family residence! Built in 1914, this two-story home offers approximately 1,856 sq. ft. with one bedroom, a kitchen with updates and appliances, full bathroom with updates, and additional living space with a fireplace on the main floor. Upstairs offers three additional bedrooms and a second full bathroom. The second floor also features a former kitchen area with existing plumbing, offering flexibility to reinstall a kitchen for two-family use or potentially convert the space into a convenient second-floor laundry room for single-family living! Improvements have been started on both levels, with renovations and finishing work still needed throughout. Previously utilized as a duplex, this property offers an opportunity to restore its two-family configuration or make it your own as a single-family home. A full basement with laundry facilities and a floored attic offering additional storage possibilities could provide valuable amenities for future tenants, adding to the property's appeal as an income-producing investment! Outside, enjoy a covered front porch, generous 60 x 121 corner lot, and oversized detached two-car garage with approximately 572 sq. ft. of space for vehicles, tools, and storage. Conveniently located across from the brand new Lincoln Elementary School currently being built. Whether you're an owner-occupant, investor, or someone looking for an affordable renovation project, the possibilities are worth exploring! At just $64,900, opportunities like this are worth a closer look - bring your vision and see the potential!
Broker Details
Whipple Auction & Realty, Inc. (330) 477-9365
MLS ID: C2002015223 State License Number: 2002015223
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $64,900 |
| Year Built: | 1914 |
| Lot Size: | 1,856.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5255874
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3650 Russell Avenue N
Minneapolis, Minnesota
1014 18 1/2 Avenue NE
Minneapolis, MinnesotaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout