Listing Courtesy of: Chris Nord - The Real Estate Company of Detroit Lakes
218-841-2187
$899,000
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4011 4TH Street Lake Park, MN 56554
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
11,928
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
What a great investment opportunity in the City of Lake Park! Welcome to Park Terrance Apartments, a 12-plex building located between Detroit Lakes, MN and Fargo, ND. Featuring 11-2bed/1bath units, 1-1bed/1 bath unit, 6 garage stalls and parking lot, shared/coin-op laundry in the lower level, common... interior hallways, and more. Each 2nd and 3rd floor unit has a balcony, and two of the lower-level units have a walk-out patio. Over half of the units have been updated (2 current vacancies under construction). The roof was replaced about 10 years ago. New common water heater (5 years old). Laundry updates underway. Plenty of Upside with current market rates, garage stall income, and coin-op laundry. Book your showing today! 48 hr notice required.
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MLS#
23-5526
Property Type
Multi-Family
Year Built
1968
Square Feet
11,928
sq. ft
Lot Size
1
Sewer
City Sewer
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