For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $419,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6053879
Sold Date 05/01/19
Year Built 1994
Annual Tax Amount $2,686
Tax Year 2019
Contingent None
Lot Size 1.840 Acres
Acres 1.84
Lot Dimensions 200' x 400'
Property Description
This 8-unit Apartment building with a detached 8 stall garage is well kept and offers a historically reliable occupancy rate. Updates in the past 8 years include a new roof, kitchen appliances (stove, refrigerator) and carpeting. There are (3) three bedroom and (5) two bedroom apartments. There is chiropractic/physical therapy services right next door and Tri-County Health Care Clinic services in town as well. This is a great investment opportunity with a better than average cap rate. This includes a vacant lot east of the garage.
Location
State MN
County Otter Tail
Rooms
Basement None, Slab
Interior
Heating Radiant
Fireplace No
Exterior
Parking Features Detached, Concrete
Garage Spaces 8.0
Roof Type Asphalt
Building
Story Two
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Henning
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION