Map
Listed price in listed location currency (USD).
$298,500

632

MLS® 7124909

Overview

Key Facts

Type Triplex
Levels Residential Income
Size 3400 sqft
Garage Yes
Taxes $3,263
Days Active 25
Lot Size 0.287 Acres
Approx. Age 1959
Avg. Price Per Sqft $87
MLS® Number 7124909

Property Address: 401 1st Ave Se, Pelican Rapids, MN, 56572-4327

Average square foot calculated using Size range provided by listing agent.

Description

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 portfolio.
MLS® Number7124909
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1959
BasementBlock
Driveway
Garage Spaces
HeatBaseboard, Forced Air
A/C

Extras

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