3415 Morgan Ave N
For Sale $125,000*
This is a land trust property. This is a lovely 3 bedroom/1 bath home of a manageable size. It has a full basement with a convenient tuck under garage. An enclosed porch off one of the bedrooms with access to the backyard is a nice plus for independent household members. The upstairs bedroom affords a certain amount of privacy. Don't let the size mislead you.
Estimated PITI $928 plus $20 monthly Ground Lease fee.
*Actual market value of the home is $189,000 (based on a CMA from June 2021). This means the total amount of CLCLT affordability in the property is $64,000 (sixty-four thousand and 00/100 dollars). Interested buyers must meet income guidelines and agree to resale and equity restrictions.