540 W Stanton AVE, Fergus Falls, MN 56537 - MLS#6558612

Fergus Falls, MN 56537,540 W Stanton AVE

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Brandon Anderson

brandon@brandonanderson.com +1(612) 490-0638

$138,000

Est. payment - /mo

1,574 SqFt

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UPDATED:

06/30/2024 02:05 AM

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,574 sqft

Price per Sqft $87

Subdivision Mclanes Add

MLS Listing ID 6558612

Year Built 1913

Annual Tax Amount $1,756

Tax Year 2024

Contingent None

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 90x142

Property Description

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.

Location

State MN

County Otter Tail

Zoning Residential-Multi-Family

Rooms

Basement Block

Interior

Heating Boiler

Fireplace No

Exterior

Garage Gravel, Parking Lot

Garage Spaces 1.0

Roof Type Age Over 8 Years

Parking Type Gravel, Parking Lot

Building

Story Two

Foundation 787

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Wood Siding

New Construction false

Schools

School District Fergus Falls

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Listed by Brian Tjaden • Trilogy Real Estate

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Brandon Anderson

+1(612) 490-0638

Agent | License ID: 40180683

Agent License ID: 40180683