$298,500
6 Beds | 3 Baths | 2,200 sqft
401 1st Ave
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$298,500
ACTIVE
401 1st Ave, Pelican Rapids, MN 56572
6 Beds
3 Baths
2,200 SqFt
About This Home

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 po...

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Snapshot
  • Price:
  • $298,500
  • Bedrooms:
  • 6
  • Total Baths:
  • 3
  • Square Footage:
  • 2,200
  • Acreage:
  • 0.29
  • Year Built:
  • 1959
  • Listing ID #:
  • 7124909
  • Street Address:
  • 401 1st Ave
  • City:
  • Pelican Rapids
  • State:
  • MN
  • Postal Code:
  • 56572
  • County:
  • Otter Tail
  • Subdivision:
  • Frazees 4th Add
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
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Source
Listings courtesy of NorthStar Minneapolis Regional MLS as distributed by MLS GRID. MIMLS
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