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Listing Details
- $1,215,000
- MLS# 7021063
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 218-395-9239
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Exceptional investment opportunity in Walker, Minnesota overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers immediate income potential with a cap rate over 7%, along with making it one of northern Minnesota's most desirable lake destinations.The unit mix includes one spacious 3-bedroom, 1-bath apartment, ten 1-bedroom, 1-bath apartments, and three efficiency units. All units have been recently renovated, delivering modern finishes, updated interiors, and turnkey appeal for both long-term tenants and short-term guests. Three units are currently operating as Airbnb rentals, creating diversified revenue...read more
Features
- Cooling: Wall Unit(s)
- Heating: Baseboard
- Stories: 1.0
- Taxes: $3,477
- Water: City Water/Connected
- Year Built: 1950
Gallery
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 218-395-9239
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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