Investor opportunity in Cass Lake. This 5-unit apartment building offers strong cash flow, consistent rental demand, and an easy-to-manage one-level layout. The property includes four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving a great mix of rental options for the local market. Located in the heart of Cass Lake, this property has proven to be easy to rent, with vacant units filling quickly when they become available. Investors will appreciate the steady income potential, practical floor plan, and the convenience of all units being on one level for simplified maintenance and tenant access. Whether you are looking to add to your portfolio or step into multi-family investing, this is a solid opportunity with strong rental appeal.
| MLS # | 7066179 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 113 |
| Listing Provided By | Real Broker, LLC | The Hoover Group |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 4,482 |
| Story(s) | 1 |
| Units | 4 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.03 |
| Heating | Forced Air |
|---|
| Property | 4430 |
|---|
| State | MN |
|---|---|
| County | Cass |
| City | Cass Lake |
| Zip Code | 56633 |
| Community Name | West Cass Lake |
| School District | 115 |
| High School | Cass Lake-Bena Schools |
| Listing VS Median (in West Cass Lake) | |
Price: $234,800 low | high Med: $69,900 sqft: 4,482 low | high Med: 1,200 $ / sqft: $52 low | high Med: $58 On site: 113 low | high Med: 150 | |
| State | MN |
|---|---|
| County | Cass |
| City | Cass Lake |
| Zip Code | 56633 |
| Community Name | West Cass Lake |
| School District | 115 |
| High School | Cass Lake-Bena Schools |
| Listing VS Median (in West Cass Lake) | |
Price: $234,800 low | high Med: $69,900 sqft: 4,482 low | high Med: 1,200 $ / sqft: $52 low | high Med: $58 On site: 113 low | high Med: 150 | |