Pelican Rapids, MN 56572,40 1st AVE NW
Pelican Rapids, MN 56572,40 1st AVE NW
Pelican Rapids, MN 56572,40 1st AVE NW
Pelican Rapids, MN 56572,40 1st AVE NW
Pelican Rapids, MN 56572,40 1st AVE NW
Pelican Rapids, MN 56572,40 1st AVE NW
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$550,000

$545,000

0.9%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 11/15/2019

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

Garage Gravel, Asphalt

Utilities Available Heating Common

Roof Type Flat

Present Use Residential

Parking Type Gravel, Asphalt

Building

Foundation 7884

Sewer City Sewer - In Street

Water City Water - In Street

Structure Type Stucco

Schools

School District Pelican Rapids

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Listed by Jeffrey Miles • Associated, REALTORS
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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