HUGE PROFIT POTENTIAL: Asking $129,000. ARV $300,000++. Fire House Special.

Property Details and Comps: This home was in a fire, the interior was completely gutted and it is ready for your renovations to make it shine again. The home sits on a beautiful 1 acre wooded lot near the Mississippi River in a high end neighborhood with homes that sold as high as $931,000 in 2021 (1540 Riverside Ave N, Sartell, MN 56377). The home is 2-stories, 2,272 sq ft plus has a basement that could be finished for additional sq ft. Comps to the west of Riverside Rd N in town on smaller lots and not next to the river include 1403 5th Ave N, Sartell 56377 sold for $312,000 5/24/2021, 714 Northstar Dr, Sartell 56377 sold for $300,000 on 5/20/2021, 1503 4th Ave N, Sartell 56377 sold for $293,000 on 7/23/2021, and new construction homes for $370,000+ Potential Lot Split: As an alternative to renovating the existing home, the city has informed us that if the existing house was torn down, the 1 acre lot could be split and two separate homes built.