Build new house here keep rental unit over garage. House is a tear down. Legal non conforming use rental cabin over garage brings in $900 a month income. Handyman Special - Fixer Upper. Two rental cabins on lot very close to marina on lake Minnetonka. Mostly land value. South facing sunny walkout lot across from city park and regional trail. $2,100 cash flow rental income. until you build. Two bedroom main house with full basement, plus 1 bedroom renal unit over double garage. $1,200 + $900 renters want to stay. No interior showings buyers walk around both units outside with advanced appointment. Drive by first, driveway out back-up hill in alley. Walking distance to MTC Bus stop. Several spring park shops just over the bridge, or walk into Mound, Zoned R2 two family. Possible CD with large down. Property will not qualify for standard financing because of condition. Will not last long. Best deal in town.
