540 W Stanton AVE Active Save Request In-Person Tour Request Virtual Tour
Fergus Falls,MN 56537
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 1,574 sqft
Price per Sqft $87
Subdivision Mclanes Add
MLS Listing ID 6558612
Year Built 1913
Annual Tax Amount $1,756
Tax Year 2024
Lot Size 0.290 Acres
Property Description
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.
Location
State MN
County Otter Tail
Zoning Residential-Multi-Family
Interior
Heating Boiler
Exterior
Garage Gravel,Parking Lot
Garage Spaces 1.0
Roof Type Age Over 8 Years
Building
Story Two
Foundation 787
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
New Construction false
Schools
School District Fergus Falls