540 W Stanton Avenue Fergus Falls, MN 56537
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