Fergus Falls, MN 56537,601 N 1st AVE
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Fergus Falls, MN 56537,601 N 1st AVE
Fergus Falls, MN 56537,601 N 1st AVE
Fergus Falls, MN 56537,601 N 1st AVE
Fergus Falls, MN 56537,601 N 1st AVE

$58,500

Est. payment /mo

$74,999

22.0%
Est.Price: ?

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601 N 1st AVE Fergus Falls, MN 56537

2 Beds

1 Bath

1,057 SqFt

SOLD DATE : 09/07/2024

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

Bedrooms 2

Three Quarter Bath 1

Year Built 1920

Annual Tax Amount $1,090

Tax Year 2023

Lot Size 0.290 Acres

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

Dining Room Eat In Kitchen

Interior

Heating Forced Air

Cooling Window Unit(s)

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

Structure Type Wood Siding

New Construction false

Schools

School District Fergus Falls

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Listed by Brian Tjaden • Trilogy Real Estate

Jason Lange

Agent | License ID: 20457477

+1(612) 247-7593

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