4424 16th Avenue S, Minneapolis, MN 55407 (MLS# 7088836)

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Property Description
Welcome to 4424 16th Avenue S! ASSUMABLE FHA 2.99% loan with approximate balance: $240,000! Seller offering 3/2/1 rate BuyDown new loan at 7.5% (first year payment would 4.5%, second year 5.5%, third year 6.5%, then 7.5% for the remaining term Lease option/CD for qualified buyers Charming brick home offers 3 bedrooms, 2 bathrooms, and inviting living spaces across two levels. The bright main level features a spacious living room with a cozy fireplace, a dedicated dining area, and a functional kitchen with ample cabinetry and counter space. Two main-level bedrooms and an updated full bathroom complete the floor. Downstairs, you'll find even more room to spread out with a spacious family room, third bedroom, additional bathroom, laundry, and plenty of storage. Outside, enjoy a private fenced backyard with patio space, updated landscaping and retaining walls, plus a detached 1-car garage. Recent improvements include fresh interior paint, refinished flooring, an updated main-level bathroom, and a newer sewer line. Conveniently located near neighborhood favorites, parks, Minnehaha, Hiawatha Golf Course, dining, shopping, and easy access throughout the Twin Cities. Lease with Option, and a Lease for qualified clients/buyers with meaningful downpayment a 5.99% Contract for Deed (30 year amortized due in 5 years)

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