Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This 2-unit residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. Main floor 1BR/1BA apartment and 2BR/2BA upper floor apartment. Potential to add studio type apartment in lower level. With diligence, patience, and a strategic approach, investing in this low-cost property can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition. Seller has paid in-full the special assessment for the current street reconstruction.
MLS# | 6558612 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1913 |
Days On Site | 110 |
Listing Provided By | Trilogy Real Estate | Brian Tjaden |
SQ Feet | 2,361 |
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Garage | 1 |
Basement | Y |
Story(s) | 2 |
Units | 2 |
Zoning | Residential-Multi-Family |
Acreage | 0.29 |
State | MN |
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County | Otter Tail |
City | Fergus Falls |
Zip Code | 56537 |
Community Name | Mclanes Add |
School District | 544 |
Listing VS Median (in Mclanes Add) | |
Price: $138,000 low | high Med: $190,000 SqFt: 2,361 low | high Med: 3,132 $ / SqFt: $58 low | high Med: $61 On Site: 110 low | high Med: 39.000000 |