Minneapolis, MN 55416

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Located in the heart of the Cedar - Isles - Dean neighborhood this estate home needs significant repairs and enhancements. First time available in 60+ years!Make this your next investment or remodel into your dream home in this best in Minnesota location. The main house has 3 stories with expansive rooms, high ceilings and ample storage. The guest house features a separate suite for family, friends, tenants or your caretaker.Lot dimensions are 55' wide by 233' deep. Lot area is 12,930 feet / .3 acres.Walk to Lake of the Isles, Bde Maka Ska, and Cedar Lake along the many paths and trails in the neighborhood including The Midtown Greenway which abuts the property to the south. Dean Parkway and the Lake of the Isles-Off Leash Dog Park are also steps away.Enjoy all this neighborhood has to offer with an unmatched lifestyle and proximity to everything.