Fergus Falls, MN 56537,540 W Stanton AVE
Fergus Falls, MN 56537,540 W Stanton AVE
Fergus Falls, MN 56537,540 W Stanton AVE
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$138,000
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1,574 SqFt
Active

540 W Stanton AVE Fergus Falls, MN 56537

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UPDATED:

06/30/2024 02:05 AM

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,574 sqft

Price per Sqft $87

Subdivision Mclanes Add

MLS Listing ID 6558612

Year Built 1913

Annual Tax Amount $1,756

Tax Year 2024

Contingent None

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 90x142

Property Sub-Type Duplex Up and Down

Property Description

Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This 2-unit residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. Main floor 1BR/1BA apartment and 2BR/2BA upper floor apartment. Potential to add studio type apartment in lower level. With diligence, patience, and a strategic approach, investing in this low-cost property can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition.

Seller has paid in-full the special assessment for the current street reconstruction.

Location

State MN

County Otter Tail

Zoning Residential-Multi-Family

Rooms

Basement Block

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Gravel, Parking Lot

Garage Spaces 1.0

Roof Type Age Over 8 Years

Building

Story Two

Foundation 787

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Wood Siding

New Construction false

Schools

School District Fergus Falls


Listed by Brian Tjaden • Trilogy Real Estate

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agent

Laura Melquist

Broker Associate | License ID: FA.100094137

+1(303) 578-0755

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540 W Stanton AVE