$550,000
$545,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
40 1st AVE NW Pelican Rapids, MN 56572
Key Details
Sold Price $550,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Frazees 1St Add
MLS Listing ID 5272224
Sold Date 11/15/19
Year Built 1939
Annual Tax Amount $9,288
Tax Year 2019
Contingent None
Property Description
Great cash flow opportunity. 14 plex apartment building. The current property manager would love to stay and help manage. There are 8 two bedroom units, and 6 one bedroom units. Each floor has it's own laundry room. Common area has just been repainted and new commercial carpet installed.
Location
State MN
County Otter Tail
Zoning Residential-Multi-Family
Rooms
Basement Crawl Space, Partial
Interior
Heating Baseboard
Fireplace No
Appliance Dishwasher, Range, Refrigerator
Exterior
Parking Features Gravel, Asphalt
Utilities Available Heating Common
Roof Type Flat
Present Use Residential
Building
Foundation 7884
Sewer City Sewer - In Street
Water City Water - In Street
Structure Type Stucco
Schools
School District Pelican Rapids
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP