643 W Broadway Avenue, Forest Lake, MN 55025

Property Description

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 2 city lots side by side. The property is zoned both residential and commercial for future options and potential. 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 paint and carpet. The older cedar shake siding and windows are not great 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.