$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 Condo
Sub Type Apartment
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
Tax Year 2024
Contingent None
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
Zoning Residential-Multi-Family
Interior
Heating Baseboard, Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Garage On-Street Parking Only
Garage Spaces 10.0
Utilities Available Electric Separate, Hot Water Separate
Roof Type Asphalt
Present Use Residential,Storage Facility
Parking Type On-Street Parking Only
Building
Foundation 1824
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Vinyl Siding
Schools
School District Fergus Falls
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