$515,000
Active
17 Days Online
12 Beds7 Baths4,466 SQFT
Active

18894 Estate Drive Park Rapids, MN 56470

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Invest in a 5 unit apartment building overlooking a lake on over 10 acres of land! This property is less than 3 minutes to Park Rapids and just north of Long Lake, overlooking Mud Lake. Fabulous setting! The 2 buildings contain 5 separate units. Two of the units are 3 bedroom, 2 bath units. One is a main level unit and the other 3 bedroom is an upper level unit. There are also 3 units that have 2 bedrooms and 1 bath. Of these 2 bedroom units, two of them are upper level and one is lower. All have many recent updates and are in very nice condition. Always full, there is a huge demand for rentals in the area.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyHubbard
  • Taxes$3,290
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID Number6520698
  • Home Size Source N/A
  • Year Built1960
  • Lot Size10.55 Acres
  • Full Baths7
  • Partial BathsN/A

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General Features

  • Construction Vinyl Siding
  • Parking GravelGuest ParkingMore Parking Onsite for Fee
  • Sewer Private SewerSeptic System Compliant - YesTank with Drainage Field
  • Basement Slab
  • Number of Stories 2
  • Water WellSubmersible - 4 Inch
  • Zoning Other
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Contingency None
  • Lot Features Tree Coverage - Medium

Interior Features

  • Cooling Window Unit(s)
  • Heating BaseboardDualOther
  • Appliances Electric Water HeaterRangeRefrigerator

Exterior Features

  • Roof MetalAge Over 8 YearsPitched
  • Waterfront Property No
  • Waterfront Features Lake View
  • Lot Tree Coverage - Medium
  • Construction Details Vinyl Siding

Community Features

  • Association Amenities Patio

Schools

School District
Park Rapids
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,802
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