$ 289,500
-
$289,500
Price -
6
Bed -
3
Bath -
3,400
SqFt -
0.29
Acre
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About the Listing 49819 - 498000569
Investment opportunity! Updated 3 unit Income property located just down from the pool in Pelican Rapids. A total of 3400 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 portfolio.
Listing Highlights
Status
Active
Days on Site
42
Property Type
Multi-Family
MLS ®
7124909
Year Built
1959
Total Square Footage
3,400
Lot/Acreage
0.29
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2200
- Below Ground Sq Ft: 1200
- Basement: Block
- Other:
- Water: City Water/Connected
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: 2 car
- Lot Dimensions: 120x110
- Zoning: Residential-Single Family
- Roof: Architectural Shingle
- Others:
- Sewer: City Sewer/Connected
Financial Details
- Tax Amount: $3,263
- Taxes w/Assessments: N/A
- Tax/Property ID: 76000990506001
- Tax Year: 2026
Payment Calculator
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Questions About..
401 1st Ave SE Pelican Rapids, MN 56572
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