401 1st Avenue SE
Pelican Rapids, MN 56572
- – beds
- – baths
- 3,280 sqft
- $64 per sqft
- 1959 build
- – on site
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Investment opportunity in Pelican Rapids with great rental history! This completely occupied triplex features a recently UPDATED 3 Bed one bath unit and an efficiency unit on the main level, along with a lower level walkout 2 Bed 1 bath unit. See financial remarks for rents and expenses! Owner bills back for Utilities. Shared Laundry in the basement. There are 2 Tuck-under garage stalls along with street and paved driveway parking. Furnace replaced 3 years ago and shingles replaced within 7 years. City corner lot has frontage on 3 streets. Don't miss out on this great opportunity achieving a 11.4 Cap Rate! Call today for more details and to schedule a private showing.
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Last updated Jul 24, 2023
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MLS# 6321000 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Max Internet Speed
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/14/23
Jul 14, 2023
|
Sold | NORTHSTAR | $212,500 | -2.3% |
|
6/20/23
Jun 20, 2023
|
Pending | NORTHSTAR | $217,500 | |
|
1/6/23
Jan 6, 2023
|
Listed / Active | NORTHSTAR | $217,500 |