6509 2nd Ave S
Richfield, MN 55423 · Hennepin County
Single-family house · 3 bed · 2.5 bath · built 1950
- Asking price
- $149,000
- Monthly cash flow
- $848
- Estimated rent
- $2,500/mo
- Break-even price
- $308,365
About this property
AN OFFER HAS BEEN ACCEPTED. WE ARE AWAITING SIGNATURES ON THE PURCHASE AGREEMENT. MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE ON OCTOBER 1ST AT 1PM, NO EXCEPTIONS! Fantastic opportunity in Richfield! Property is being sold primarily for its land value and is considered a potential tear-down/redevelopment opportunity. The home had significant freeze damage, resulting in multiple burst pipes and extensive interior damage. Discoloration is present throughout the home. Based on current condition, demolition may be the most practical option. Property is being sold strictly AS-IS, and buyers/buyers' agents are solely responsible for conducting their own due diligence regarding the condition of the home, potential demolition, and any future use or redevelopment of the property. Bring your ideas and explore the possibilities this Richfield lot has to offer! Please use extreme caution when viewing.