540 W Stanton Avenue
Fergus Falls, MN 56537
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.
Property Details
- Parking FeaturesGravel, Parking Lot
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Property SubtypeDuplex Up and Down
- RoofAge Over 8 Years
- Parcel Number71003990949000
- Property TypeMulti-Family
- School DistrictFergus Falls
- SubdivisionMclanes Add
- CountyOtter Tail
- MLS #6558612
- MLS #6558612
- HeatingBoiler
- Taxes Annual$1,756
- Cost138000
- Basement DescriptionBlock
- Year Built1913
- Buying Agency Compensation2.50
- Days on Market (Cumulative)182
- Parking Spaces1
- Basement1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Brian Tjaden (#NST501511552)
Listing Office: Trilogy Real Estate (#NST252663)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
