If you’re in the market for an investment property, then this Minnesota investment property for sale may be just what you’re looking for. This property is located in close proximity to a college campus, making it an attractive investment opportunity for those looking to capitalize on the student rental market.
One of the key benefits of this property is its location. Being close to the college campus means that tenants will have easy access to all of the campus facilities, reducing commute time and making the property more appealing to potential renters. This location also means that there is a steady stream of potential tenants, making it an ideal investment for those looking for a long-term rental income.
The house itself features five good-sized bedrooms, providing ample accommodation for students or tenants. This means that you can expect to receive a steady stream of rental income from multiple occupants, making it an attractive investment option. Additionally, the property boasts three bathrooms, one on each level, which ensures convenience and comfort for multiple occupants.
The cape cod design of the house adds charm and character, creating an inviting atmosphere that tenants will love. The property also features a large outdoor space, which is perfect for outdoor gatherings and activities. This space can also be used to create additional rental income, such as by hosting events or parties for tenants.
Finally, the seller is offering a contract for deed option, which allows buyers to finance the property without going through a traditional lender. This can be an attractive option for those who may not qualify for a traditional mortgage or who are looking for a more flexible financing option.
Overall, this Minnesota investment property for sale is an excellent opportunity for those looking to capitalize on the student rental market. With its close proximity to campus facilities, ample accommodation, charming design, and flexible financing option, this property is sure to be a smart investment choice.