• Main Photo

401 1st Avenue Se
Pelican Rapids, MN 56572

$298,500

15 Total Photos [Click to View All]

Listing Details

  • $298,500
  • MLS# 7124909
  • Type Multi Unit - Multiple
  • Status Active
  • 2,200
    Square Feet
  • 0.287 acres
    Lot Size
  • 1959
    Year Built
  • Pelican Rapids
    Local Schools

Listed By

Agency Name: The Real Estate Company of Detroit Lakes
Agency Phone: 218-844-8008

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701)293-3333

IDX logo

Home Value Estimate


Description

Investment opportunity! Updated 3 unit Income property located just down from the pool in Pelican Rapids. A total of 3600 sq ft. of income. One 1200 sq.ft Unit downstairs(2 bed 1 bath), and two units upstairs, one being an efficiency, (1600sq. ft(3 bed 1 bath) & 600 sq. ft(1 bed 1 bath)). A near 10% cap rate makes this property a great addition to your investment portfolio.

Features

  • Heating: Baseboard, Forced Air
  • Taxes: $3,263
  • Water: City Water/Connected
  • Year Built: 1959

Login to My Homefinder