Pending
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Pending

$399,000

8 Beds 4 Baths 4,416 SQFT 0.40 Acres
Type: Pending

1710 N Park Street
Fergus Falls, MN 56537

MLS#: 7085839
Amanda Armstrong
Amanda Armstrong
The Real Estate Advantage
Phone: 218.205.5542
Office: 952.226.7700
Presented by: Lakes Family Real Estate/Otter Tail Real Estate

Property Description

 

This attractive four-plex features four spacious 2-bedroom, 1-bath units, each offering more than 1,000 square feet of living space. Located in a desirable Fergus Falls neighborhood, the property has been exceptionally well cared for and includes durable vinyl siding. The upper-level units each feature attached two-stall garages, while the lower-level units offer private entrances and dedicated concrete/asphalt driveways. Every unit includes its own laundry facilities, providing added convenience for tenants. Tenants are responsible for their own electric utilities. The onsite caretaker helps ensure the property remains well maintained and tenant needs are promptly addressed. This is a rare opportunity to acquire a quality, income-producing property in a great location with a strong history of care and upkeep. Ideal turnkey building.


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area2,208 sqft
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area2,208 sqft
Foundation Dimensions80x30
FuelElectric
Garage Dimensions40x24
Garage Door Width8 sqft
Garage Square Feet960
Laundry FeaturesIn Unit

General

AccessibilityFully Wheelchair
Additional Parcels Y/NNo
CityFergus Falls
ContingencyNone
CountyOtter Tail
DirectionsFrom Fir Avenue, take Park Street North to property OR from Jewett Lake Road/CR 27/North Cleveland go North and West on Skogmo Blvd to Park Street North
Electric Expense0
Fuel Expense0
Garage Spaces4
Gross Income34500
HeatingRadiant
High School DistrictFergus Falls
Insurance Expense2773
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area4,416 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income27615
New ConstructionNo
Number Of Units Total4
Operating Expense0
OwnerPaysGrounds Care, Repairs, Sewer, Trash Collection, Water
PostalCityFergus Falls
Property SubtypeFourplex
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameFields Hillside Terrace
Tax Annual Amount$3,152
Tax Year2025
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense3180
Year Built1983
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,416 sqft
Foundation Area2,208 sqft
Lot Dimensions116x150
Lot FeaturesCorner Lot
Lot Size Area0 sqft
Parking FeaturesAttached Garage, Multiple Garages, Parking Lot
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$399,000

8 Beds 4 Baths 4,416 SQFT 0.40 Acres
Type: Pending

1710 N Park Street
Fergus Falls, MN 56537

MLS#: 7085839
Amanda Armstrong
Amanda Armstrong
The Real Estate Advantage
Phone: 218.205.5542
Office: 952.226.7700