Current Listings for the week of April 21, 2008

Real Estate Professionals

Current Listings (For the week of April 21, 2008)

6005 5th Street NE Presents...

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

4318 Upton Avenue S. Minneapolis, MN 55410

T (952) 486-7584 F (952) 400-5633

Fridley · Minnesota

Charming Home With Huge Yard

$199,000 Style: Single Family MLS #: 3427170 Finished Sq. Ft: 1485 Total Sq. Ft: 1485 Bedrooms: 3 Bathrooms: 2 Year Built: 1928

Charming home on a spacious corner lot. Updated kitchen, bath & lower level. Original hardwood in upper bedrooms and under main floor carpet. This home is complete with 22X20 garage, newer storage shed and maintenance free siding!

For more information and a virtual tour, visit: www.DonEdam.com

Equal

Housing

Opportunity

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.

4318 Upton S ‌ Avenue Minneapolis, MN 55410 ‌ , MN T (952) 486-7584 ‌ F486-7584 (952) 400-5633 ‌ www.DonEdam.com ‌ don@TheDonEdamGroup.com Upton Avenue S. T (952) 486-7584 4318Ave Upton S. | Minneapolis 55410 | T4318 (952) | F (952) 400-5633 | www.DonEdam.com

Minneapolis, MN 55410

F (952) 400-5633

1106 5th Avenue South Presents...

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

4318 Upton Avenue S. Minneapolis, MN 55410

T (952) 486-7584 F (952) 400-5633

South St. Paul · Minnesota

$223,000

Beautiful & Newly Upgraded Home!

Style: Single Family MLS #: 3502999 Total Sq.Ft: 1,850 Bedrooms: 3 Bathrooms: 3 Year Built: 1912

Newly remodeled and open kitchen awaits your family and friends. This beautifully updated 2-story has it all. New bathrooms, updated bedrooms, gorgeous kitchen, 2 car garage, and the convenience of its proximity to 494. Great for entertaining!

For more information and a virtual tour, visit: www.DonEdam.com

Equal

Housing

Opportunity

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.

Upton Avenue S. T ‌ (952) 486-7584 4318 Upton S ‌ Minneapolis, MN 55410 ‌ ,TMN (952) 486-7584 ‌ F 486-7584 (952) 400-5633 ‌ www.DonEdam.com don@TheDonEdamGroup.com 4318Ave Upton Avenue S. | Minneapolis 55410 | T4318 (952) | F (952) 400-5633 | www.DonEdam.com Minneapolis, MN 55410

F (952) 400-5633

4415 W 136th Street

Presents...

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

4318 Upton Avenue S. Minneapolis, MN 55410

T (952) 486-7584 F (952) 400-5633

Savage · Minnesota

Beautiful, Recently Updated Home!!

Recently updated split. Spacious rooms with beautiful decor. Huge eat in kitchen. Family room with fireplace adjoining home office. 3 season porch overlooking your pool. New furnace, CA, windows, siding in 2005. Great for relaxing and entertaining alike!

$275,000 Style: Single Family MLS #: 3493640 Total Sq. Ft: 2200 Bedrooms: 4 Bathrooms: 3 Year Built: 1987

For more information and a virtual tour, visit: www.DonEdam.com

Equal

Housing

Opportunity

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.

Upton Avenue S. T ‌ (952) 486-7584 4318 Upton S ‌ Minneapolis, MN 55410 ‌ ,TMN (952) 486-7584 ‌ F 486-7584 (952) 400-5633 ‌ www.DonEdam.com don@TheDonEdamGroup.com 4318Ave Upton Avenue S. | Minneapolis 55410 | T4318 (952) | F (952) 400-5633 | www.DonEdam.com Minneapolis, MN 55410

F (952) 400-5633

THE DON EDAM GROUP

Presents...

Presents...

1820 Skyline Curve

Minneapolis · Minnesota

Unique Interior Design And an amazing view!

If your passion is interior design, then you’ve found your new home!

Living room/dining room with vaulted ceilings, faux marble walls, & fireplace.

Unobstructed views of the Minneapolis skyline from your living room, bedroom and deck. Plus you’re in the midst of all the culture that Minneapolis has to offer!

$169,900

JUST REDUCED! Style: Townhouse MLS #: 3513622 Total Sq. Ft: 1,250 Bedrooms: 1+den Bathrooms: 1.5 Year Built: 1982

For more information and a virtual tour, visit: www.DonEdam.com

Equal

Housing

Opportunity

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.

Upton Avenue S. T (952) 486-7584 4318 Upton S ‌ Avenue Minneapolis, MN 55410 ‌ , MN T (952) 486-7584 ‌ F486-7584 (952) 400-5633 ‌ don@TheDonEdamGroup.com 4318Ave Upton S. | Minneapolis 55410 | T4318 (952) | F (952)‌ www.DonEdam.com 400-5633 | www.DonEdam.com Minneapolis, MN 55410

F (952) 400-5633

733 Burke Avenue E

Presents...

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

4318 Upton Avenue S. Minneapolis, MN 55410

T (952) 486-7584 F (952) 400-5633

Maplewood · Minnesota

Cul-de-sac Living in a Beautiful Home!!

One level living! Quiet culdesac with park nearby. Gorgeous hardwood floors, large master suite, open floor plan, 3 stall garage. Back yard is large and well landscaped. Separate dog run on the side of the home. Fabulous Deal!

$305,000 Style: Single Family MLS #: 3421915 Total Sq. Ft: 2200 Bedrooms: 3 Bathrooms: 3 Year Built: 1966

For more information and a virtual tour, visit: www.DonEdam.com

Equal

Housing

Opportunity

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.

Upton Avenue S. T ‌ (952) 486-7584 4318 Upton S ‌ Minneapolis, MN 55410 ‌ ,TMN (952) 486-7584 ‌ F 486-7584 (952) 400-5633 ‌ www.DonEdam.com don@TheDonEdamGroup.com 4318Ave Upton Avenue S. | Minneapolis 55410 | T4318 (952) | F (952) 400-5633 | www.DonEdam.com Minneapolis, MN 55410

F (952) 400-5633

1151 W 33rd Street Presents...

THE FOLLOWING

Minneapolis · Minnesota

PRELISTING HAS BEEN APPROVED FOR ALL AUDIENCES

BY THE DON EDAM GROUP & OWNER OPTIONS REALTY

For more information or a personal showing, contact Don Edam at

Complete Remodel Blocks to Calhoun!!

don@thedonedamgroup.com

Completely remodeled from top to bottom, this new 3 bed, 3 bath home has appx. 2100 sq ft., a 2 car garage, granite counter tops, hardwood floors, master suite, stainless steel appliances, and is only blocks from Lake Calhoun!

or (952)486-7584 Call today!!!

Buy it before it goes on the MLS!

Equal

Housing

Opportunity

Don Edam Realtor

If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.

4318 Upton S ‌ Avenue Minneapolis, MN 55410 ‌ , MN T (952) 486-7584 ‌ F486-7584 (952) 400-5633 ‌ www.DonEdam.com ‌ don@TheDonEdamGroup.com 4318Ave Upton S. | Minneapolis 55410 | T (952) | F (952) 400-5633 | www.DonEdam.com

175/177 N. Fairview Ave

St. Paul · Minnesota

Presents...

Don Edam Realtor

don@TheDonEdamGroup.com www.DonEdam.com

Property Location

The Fairview Property is located in the Merriam Park area of St. Paul. The three-story Duplex sits on the corner of Fairview and

4318 Upton Avenue S. T (952) 486-7584 Selby Ave and is conveniently located only 5 minutes from both Downtown areas (Minneapolis & St. Paul). It is approximately 7 miles Minneapolis, MN 55410 F (952) 400-5633

west of Snelling Ave & 1 1/2 blocks south of Marshall Ave. This area is known for its scenic & fun adventures. Enjoy the walking, running, biking, and skating trails on Summit Ave & River Road. Shopping, markets, parks, library & coffee houses are just within blocks of this property.The property is located 2 blocks from the three main bus lines in St. Paul; the 21A (Marshall Ave), the 16 (University Ave), and the 63 (Grand and Prior Ave). The Fairview property was designed to fit both long term & short term residents. With 4 major colleges in the area, including St. Thomas University, Macalester, St. Katherine & Concordia University, they make these residential rentals inviting to any college student.

Property Highlights & Features Property offers 8 fully furnished rooms and 3 newly renovated office studies &/or storage rooms, each with a personal refrigerator.

All rooms are fully furnished with bedroom sets, including a twin bed, dresser, end table, lamp and window coverings. Rooms are Internet and cable ready. The office studies are furnished with a Klik Klak lodging couch, wardrobe center, end tables, lamps, office desk, filing cabinet, bookcase, TV stand, phone, and window coverings, as well as Internet, cable TV, and phone accomodations. All rentals have private keyed door locks, including the option of a keypad lockout box. All entrance doors stay automatically locked for security. A controlled keypad & lock out box is located on the outside of the property for residents and property agents convenience.There are 3.5 bathrooms and 3 kitchen areas with microwave oven cooking, as well as new coin operated laundry facilities onsite. A newly renovated Property Manager’s office featuring a half bath, large bay window, and skylight which is located on the 3rd floor. No garage is offered at this property, but a large 160 sq.ft. maintenance enclosure building is located in the back yard, enclosed by a 6 ft. privacy fence. Up to 8 off-street parking spaces could easily accomodate any mid-size automobiles in the side drive.

Operating Costs & Expenses

Revenue Single Room Revenue Office Study/Storage Unit Revenue Total Rental Revenue Capability Average Occupancy Rate (With approved resident waiting list)

$130-160/week $155-$175/week $83,304/year 100% Capacity

Optional Extra Revenue Coin Operated Laundry Machines $200+/month Cleaning & Maintenance Fees Up to $800/year ($100 non-refundable annual fee per resident) Late Fees on late rent $5/day-$35/week Rental Application Fee $15/applicant (Paid direct to agent) Room Transfer Fee $25 - $50/transfer (Helps with costs involved with cleaning & inspection) Storage Fee $60 (Fee of $2/day) Lockout Fee $15/lockout (Average of $45+/month) Key Replacement Fee $10/replacement Bedding, Towels, & Pillow Rental $60/mo. packaged Cable, Internet, & Phone $0 (Included in weekly room rate) Damage Deposit $0 (Damages are assessed on a weekly basis and charged to resident’s credit card if applicable)

Current Mortgage $407,700 Mortgage Payment Loan Increase (12-01-08)

$2,758.58/mo. $3,370.35/mo.

2007 Property Taxes 2007 Property Insurance

$3,210 $1,200

Professional/Attorney Fees

City Rental Licensing Fee

Will vary under circumstances $100/year

Property Management & Leasing Agents Salaries

$800/mo. Including Free Office Rental (3rd Floor Office)

Housekeeping $16/hr. - $256/mo.

Organizational & Office Supplies $50/mo.

Marketing/Advertising (Pioneer Press) $100/mo.

Maintenance $100/mo.

Utilities $452/mo.

(Xcel Energy - Budget plan, water, & rubbish) Cable, Internet, & Phone Increase (01-01-08)

$170/mo. $200/mo.

Cleaning Materials $50/mo.

Furniture, Fixtures, & Equipment $0 (Includes all furnishings and inventory required to begin operation. - $35,000 Value)

4318 4318 Upton Ave S ‌ Minneapolis, 55410| T‌ (952) T (952) 486-7584 ‌ F (952) 400-5633 Upton Avenue S. | Minneapolis MN , MN 55410 486-7584 | F (952) 400-5633 | www.DonEdam.com www.DonEdam.com ‌ don@TheDonEdamGroup.com