$138,000
Active
62 Days Online
3 Beds2 Baths1,574 SQFT
Active

540 W Stanton Avenue Fergus Falls, MN 56537

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Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This 2-unit residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. Main floor 1BR/1BA apartment and 2BR/2BA upper floor apartment. Potential to add studio type apartment in lower level. With diligence, patience, and a strategic approach, investing in this low-cost property can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition. Seller has paid in-full the special assessment for the current street reconstruction.

  • Property TypeMulti-Family
  • NeighborhoodMclanes Add
  • CountyOtter Tail
  • Taxes$1,756
  • HOA/Condo/Coop Fees$0
  • Days on Site61 Days
  • MLS StatusActive
  • MLS ID Number6558612
  • Home Size Source County Records
  • Year Built1913
  • Lot Size0.29 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Construction Wood Siding
  • Parking GravelParking Lot
  • Basement Block
  • Number of Stories 2
  • Zoning Residential-Multi-Family
  • Property Sub Type Duplex
  • Garage Spaces 1
  • Contingency None
  • Sewer City Sewer/ Connected
  • Water City Water/ Connected

Interior Features

  • Heating Boiler

Exterior Features

  • Roof Age Over 8 Years
  • Construction Details Wood Siding

Schools

School District
Fergus Falls
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$693
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