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About This Home
This 3-bedroom, 2-bathroom single family at 643 W Broadway Avenue in Forest Lake, MN is listed for $224,900 ($160 per sqft). Built in 1890, the home offers 1,410 sqft of living space on a 0.34 acres lot.
Older affordable home ready for turn key living, rent or flip. I have owned this property for 22 years as a rental investment property but retiring and it's time to downsize. It has had the same tenant for all 22 years until recently when I decided to sell.
This unique property is zoned both residential and commercial for future options and potential. There are 2 city lots side by side. Great location to downtown restaurants and freeway access. The furnace and hot water heater are approx. 4 years old and roof about 7 years old.
The house is clean and shows well inside with recent updates. The older cedar shake siding and windows are dated but in working order. The siding has recently been painted. Full disclosure on the detached garage. It is rough! The structure is sound with concrete floor and electric but needs a roof and has had water damage accordingly. It could be repaired or torn down for new garage or house addition. Great property for investors or handiperson.
Key Features
- Built in 1890
- 0.34 acre lot
Property Details
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
643 W Broadway Avenue
Forest Lake, MN 55025
Houles Jw Add
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 643 W Broadway Avenue is listed at $224,900 ($160/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.
Key features include: Built in 1890, 0.34 acre lot. Exterior Features: Shakes.
This property is listed by Jeff Carpenter and can be reached at 6519839052 or jeffcarpenterrealtor@gmail.com.
