Fergus Falls, MN 56537,601 N 1st AVE
Fergus Falls, MN 56537,601 N 1st AVE
Fergus Falls, MN 56537,601 N 1st AVE
17
$58,500
$74,999
22.0%
Est.Price: ?

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2 BD
1 BA
1,057 SqFt

601 N 1st AVE Fergus Falls, MN 56537

Est. payment /mo
SOLD DATE : 09/07/2024

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Key Details

Sold Price $58,500

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,057 sqft

Price per Sqft $55

Subdivision Mclanes Add

MLS Listing ID 6521736

Sold Date 09/07/24

Bedrooms 2

Three Quarter Bath 1

Year Built 1920

Annual Tax Amount $1,090

Tax Year 2023

Contingent None

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 77x157

Property Description

Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This small residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. A 2 bedroom, 1 bath, 1,000+SF home with tenant lease through November gives you immediate cash flow. With diligence, patience, and a strategic approach, investing in this low-cost property, priced below market value, can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition.

Location

State MN

County Otter Tail

Zoning Residential-Single Family

Rooms

Basement Crawl Space

Dining Room Eat In Kitchen

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Appliance Dryer, Electric Water Heater, Range, Refrigerator

Exterior

Parking Features Gravel

Roof Type Age Over 8 Years

Building

Lot Description Tree Coverage - Medium

Story One and One Half

Foundation 673

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One and One Half

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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Michael Quinones

Agent | License ID: 40411540

+1(507) 990-7961

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