$425,000
$450,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/25/2024
Key Details
Sold Price $425,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Fergus Falls
MLS Listing ID 6514366
Sold Date 10/25/24
Year Built 1882
Annual Tax Amount $4,804
Lot Dimensions 47 x 150
Property Description
Move quickly on this rare investment opportunity in Fergus Falls. This multi-family property features 10 one bedroom units and 1 two bedroom unit with amenities like onsite laundry, pet-friendly living and secure access in a convenient downtown location near businesses and dining. This investment property also includes the adjacent 10-unit storage building which offers additional rental income or for personal storage needs. Properties are professionally managed with steady occupancy. This is the one to get started on investing or to add to your real estate portfolio. Seller is a licensed Realtor.
Location
State MN
County Otter Tail
Community Fergus Falls
Direction From Fergus Falls; Head east on W Cavour Ave toward N Court St, south onto N Cascade St.
Interior
Heating Baseboard, Forced Air
Cooling Window
Exterior
Garage On-Street Parking Only
Garage Spaces 10.0
Utilities Available Electric Separate, Hot Water Separate
Roof Type Asphalt Shingles
Accessibility None
Total Parking Spaces 10
Building
Water City Water/Connected
Others
Senior Community No
Tax ID 71001990115001
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