3557 Oliver Ave N

Minneapolis, MN 55412

Image for 3557 Oliver Ave N
Image for 3557 Oliver Ave N

**PRICED LOWERED FROM $21,000 TO $15,500 – HURRY THIS WILL NOT LAST**  Home is on the VBR.  This is a single family home located in the Folwell neighborhood of North Minneapolis. Close to I-94 and blocks from Folwell Park as well as Crystal Lake and Terrace View Park. 2 bedrooms, 1 bathroom, and is 1,146 square feet, built 1926. This is a wholesale property that is code compliant. This property needs about $28k in repairs – great flip potential. ARV is $79k. Serious investors only please.

Estimated expenses on repairs:
$ 3,000 Pluming
$ 2,000 Electric
$ 3,000 Heating
$ 3,500 New roof on garage and garage
$ 3,000 New Windows
$ 2,250 To repair/replace decorative bricks on exterior
$ 2,000 New kitchen cabinets
$ 500 New laminate counters
$ 2,500 New carpet throughout
$ 1,500 Tile in kitchen and bathroom
$ 1,500 New appliances
$ 2,100 Paint
$ 500 Exterior paint
Total: $27,850

3557 Oliver Ave N
Minneapolis, MN 55412

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Tim Peters

Tim@bloomingtoninvestmentgroup.com

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$15,500
  • Size: 1,146 sq ft.
  • Bedrooms: 2
  • Bathrooms: 1
  • Garage: None
  • Date available: Immediate
  • Basement: No basement
  • No Deck or Patio
  • Year built: 1926
  • School district: Minneapolis