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Property Description

Don’t miss this 1 level, top floor, sunny, south-east facing, corner, 2 bed/1 bath condo in a 12 unit, quiet bldg. where units are rarely for sale. Not your typical condo! Features incl. expansive views from sunny balcony, beautiful millwork & built-ins & over $25,000 in updates including: Engineered hardwood floors, wood shutters, granite counters, Hunter Douglas roller window shades & privacy sheers, newer appliances (Microwave 2 years, Dishwasher 3 years, Refrigerator & oven 11 years old). Central ac. In-unit storage, storage at garage stall, & 2 closets in lobby. The association fee of $500/month inclu. heat, sanitation, water/sewer, hazard insurance, building exterior, cable TV, snow removal, lawn care, secure building. Laundry room on each floor. A few blocks to Patrick’s Bakery, Southdale & Galleria malls, medical, Hwy. 62, Mpls chain of lakes., Centennial Lakes Park, . No pets. Rental ok after occupying for 2 years. Estate,Sold as-is. Condenser style washer dryer a possibility.

Location
6300
Xerxes
Avenue
S
USA
MN
Hennepin
Edina
55423
2902824210453
42
Condo 0360 6300 Xerxes A Condo
Features
Yearly
Balcony,Hardwood Floors
Detailed Property
2022
130 x 221
0
0
$500
Monthly
No
Natural Gas
Mandatory Owners Assoc,Pets Not Allowed,Rental Res
: No
: No
https://app.archi-pix.com/v2/YMEJZZN/unbranded
612-418-6748
1970-01-01
Gayle Forsyth
Structure Information
Informal Dining Room
Main Floor Full Bath
Agency
NST502013770
NST5917
2022-11-30 15:41:04
Coldwell Banker Realty
No
Directions
62 to Xerxes, South to Bldg or West Side of Street.
W94° 40' 50.5''
N44° 53' 19.7''

Residential For Sale

6300 Xerxes Avenue, Edina, Minnesota 55423

2 Bedrooms
1 Bathrooms
1,217 Sqft
Visits : 2 in 8 days
$220,000
Listing ID #6311813
Basic Details
DaysOnMarket : 7
Exclusive Property : No
Amount Due : Unknown
Estimated Resale Value : N/A
Sale Amount : N/A
Property Title : Residential For Sale
Property Type : Residential
Listing Type : For Sale
Listing ID : 6311813
Price or Estimated Resale Value : $220,000
Year Built : 1968
Square Footage : 1,217 Sqft
Bedrooms : 2
Bathrooms : 1
Garage Spaces : 1
Lot Area : 0.56 Acre
Property Tax : $1,704
Tax With Assessments : $1,704
Property Sub Type : High Rise
Listing Status : Active
Potential Short Sale : No
Foreclosure Status : No
Lender Owned : No
Agent Info
Rob Just
Just Realty
21195 Minnetonka Blvd. Shorewood MN 55331
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Examples

We have hundreds of examples from over the years. Here are just a few. (they note the “Net Profit”. This isn’t a gross profit, or proposed profit, as seen elsewhere. This is net profit, after all purchase, finance, remodel, resale expenses):

6809 Queen Ave S. Richfield MN.

Net Profit: TBD, Seller Purchase, see property details to purchase. Elderly Owner moving into a care facility and needed to sell asap. Cash deal that benefitted all parties. Outdated home. Purchase Price: $2xx,000. AVM: 347,800.

 

14619 Oakwood Rd. Minnetonka

Net Profit: $67,000.Vacant for a couple of years. Deteriorated Property. Seller needed to sell so son could inherit the profits before she passed. Cash Deal. Purchase Price: $275,000. Resale: $385,000.

 

10520 Grant Dr. Eden Prairie

Net Profit: @ $49,000. Seller defaulted on a 1st and 2nd loan. Needed to sell. We were able to save his car, avoid further penalties from the 2nd mortgage AND, reconnect seller with his Father. Seller Purchase. Remodeled and Resold on MLS.

 

8356 Allegheny Grove Blvd. Victoria

Net Profit: @ $52,000. Seller defaulted. 1st lien purchase and close. Home was in very rough shape. We helped seller out of depression. Seller purchase, major remodel, resold on MLS.