Courtesy: The Real Estate Company of Detroit Lakes
218-844-8008
Investment opportunity! Updated 3 unit Income property located just down from the pool in Pelican Rapids. A total of 3600 sq ft. of income. One 1200 sq.ft Unit downstairs(2 bed 1 bath), and two units upstairs, one being an efficiency, (1600sq. ft(3 bed 1 bath) & 600 sq. ft(1 bed 1 bath)). A near 10% cap rate makes this property a great addition to your investment portfolio.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Pelican Rapids is located in Minnesota. Pelican Rapids, Minnesota has a population of 2,577. Pelican Rapids is more family-centric than the surrounding county with 39.3% of the households containing married families with children. The county average for households married with children is 26.89%.
The median household income in Pelican Rapids, Minnesota is $55,125. The median household income for the surrounding county is $63,587 compared to the national median of $69,021. The median age of people living in Pelican Rapids is 31.6 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of -1.3 degrees. The average rainfall is approximately 26.1 inches per year, with 47.2 inches of snow per year.
