$ 429,999
-
$429,999
Price -
5
Bed -
3
Bath -
2,154
SqFt -
0.31
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 1947 - 505500400
Downtown Pequot Lakes — Turnkey, Fully Furnished Home with Proven Rental Income. Beautifully renovated and fully furnished 5BR/3BA home with 3-car garage, ideally located just one block from downtown Pequot Lakes. This turnkey property offers a unique opportunity for an investor, second-home buyer, or full-time resident. Originally renovated with a $200K+ investment, the property has continued to receive improvements since October 2024, including a brand-new exterior AC unit, air exchanger, professional landscaping, and numerous cosmetic updates. The spacious interior features vaulted ceilings, a generous primary suite with private bath, updated bathrooms, quartz countertops, upgraded lighting and fixtures, and a well-appointed kitchen. Enjoy the large deck, private backyard, and inviting front porch. Home is being sold fully furnished with high-end furnishings, décor, appliances, and household items. Strong rental history: approximately $40,000 in rental income in 2025 through a combination of long-term and Airbnb rentals. The property is on track for approximately $40,000 in 2026 through a long-term rental. Current tenant is leased through May 31, 2027, providing established rental income for the new owner. Rental demand has been strong, with four prospective tenants expressing interest within 72 hours when the property was offered for rent. Enjoy the convenience of being just one block from downtown, with restaurants, churches, shops, schools, and everyday amenities within easy walking distance. Families will appreciate the proximity to Pequot Lakes schools, including highly regarded Pequot Lakes High School. Outdoor enthusiasts will enjoy nearby access to the Paul Bunyan Trail, offering approximately 115 miles of trails for biking and snowmobiling. Highway 371 is just minutes away for convenient access throughout the Brainerd Lakes Area. Turnkey. Fully furnished. Updated. Income-producing. Leased through May 2027. Exceptional downtown location. A rare opportunity to own a versatile property with proven rental performance and immediate income already in place.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 1 Full / 2 Three-Quarter
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 1104
- Below Ground Sq Ft: 1050
- Basement: Block,Egress Window(s),Finished,Full,Walkout
- Other: Deck,Porch,3/4 Primary,Full Basement,Main Floor Full Bath
- Water: City Water/Connected
Exterior Details
- Garage Capacity: 3 car
- Lot Dimensions: 101x129x100x144
- Zoning: Business/Commercial,Residential-Multi-Family
- Roof: Age 8 Years or Less,Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Detached Garage,Asphalt,Electric,Garage Door Opener
Financial Details
- Tax Amount: $2,717
- Taxes w/Assessments: N/A
- Tax/Property ID: 29100983
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
30973 Rasmussen Rd Pequot Lakes, MN 56472
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
