40 1st Ave Nw, Pelican Rapids, 56572

Commercial - Apartments/Multi Family For Sale in Frazees 1st Add

$545,000

Beds
Baths
15,768Sqft
1939Built
24DOM
MLS® #: 5272224
Active, 24 Days on Market

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.

Essential Information

MLS® #: 5272224
Price: $545,000
Square Footage: 15,768
Acres: 0.00
Year Built: 1939
Type: Commercial
Sub-Type: Apartments/Multi Family
Style: Apartments/Multi Family
Status: Active

Community Information

Address: 40 1st Ave Nw
Subdivision: Frazees 1st Add
City: Pelican Rapids
County: Otter Tail
State: MN
Zip Code: 56572

Amenities

Garages: Driveway - Asphalt, Driveway - Gravel

Interior

Appliances: Range, Refrigerator, Dishwasher
Heating: Baseboard

Exterior

Exterior: Stucco
Roof: Flat
Foundation: 7884

School Information

District: 548 - Pelican Rapids

Additional Information

Date Listed: August 1st, 2019
Days on Market: 24
Zoning: Residential-Multi-Family
Current Use: Residential

Listing Details

Listing Office: Associated, REALTORS

Financials

$/SqFt: $35

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on August 25th, 2019 at 1:35am CDT.