Address
205 Pleasant Avenue S Park Rapids, MN
Price
$ 399,900
Property Attributes
  • ML#5717416
  • TypeCommercial
  • CountyHUBBARD
  • CityPark Rapids
  • Zip56470
  • StyleApartment
  • Year Built1933
  • Taxes8356
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8496
  • Lot Size10,019 SqFt
Listing Provided Courtesy Of:
Affinity Real Estate Inc.
Data Source:
NorthstarMLS
Property Description

Extremely rare 'For Sale' apartment complex located in Park Rapids. This property features 6 units on the second level and 5 units on the lower level. The main level is currently vacant but was formerly utilized as a dental practice. It can continue to operate in a commercial capacity or be converted in to additional apartments. The owners are nearing completion of the administrative process for this expanded residential approval which could add (4) large income producing units. Natural gas heat, coin operated laundry, 24x40 shop, long term tenancy, onsite manager and so much more is included. Ideal for the passive investor. Great location within walking distance to everything downtown has to offer.

Price History
2/26/2021 Listed $399,900

General Features

Accessibility Wheelchair Ramp(s)
Association Amenities Coin-op Laundry Owned
Construction Materials Brick/Stone, Other
Contingency None
Cooling Window Unit(s), Ductless Mini-Split
Current Use Residential, Other
Garage Spaces 3
Heating Baseboard, Hot Water
High School District Park Rapids
Lender Owned No
Parking Features Detached, Open, On-Street Parking Only
Property SubType Apartment
Property Type Commercial Sale
Roof Metal, Other
Sewer City Sewer/Connected
Standard Status Active
Tax Annual Amount 8356
Total Units 12
Zoning Description Residential-Multi-Family, Business/Commercial

Exterior Features

Foundationarea 2868
Lot Dimensions 75x140
Lot Size Area 0.23
Lot Size Units Acres
Road Frontage Type City Street
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 56470

Price
AVG $420K
$400K
Taxes
AVG $7,629
$8,356
Visits
AVG 38
10
Year Built
AVG 1953
1933
Walkscore
AVG 53
75
Data Provided by Walkscore ® not using MLS data

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