Property Listing
Description
Seller offering $10,000 credit towards buyer's closing costs or appliances. What a great investment opportunity in the City of Lake Park! Welcome to Park Terrance Apartments, a 12-plex building located between Detroit Lakes, MN and Fargo, ND. Featuring 11-2bed/1bath units, 1-1bed/1 bath unit, 6 garage stalls and parking lot, shared/coin-op laundry in the lower level, common interior hallways, and more. Each 2nd and 3rd floor unit has a balcony, and two of the lower-level units have a walk-out patio. Over half of the units have been updated (2 current vacancies under construction). The roof was replaced about 10 years ago. New common water heater (5 years old). Laundry updates underway. Plenty of Upside with current market rates, garage stall income, and coin-op laundry. Book your showing today! 48 hr notice required.
Property Information
Status: Active
Sub Type: ********
List Price: $899,000
MLS#: 6467604
Current Price: $899,000
Address: 4011 4th St, Lake Park, MN 56554
City: Lake Park
State: MN
Postal Code: 56554
Geo Lat: 46.889844
Geo Lon: -96.097482
Subdivision: Canfields 1st Add
County: Becker
Property Description
Year Built: 1968
Lot Size SqFt: 22651.2
Gen Tax: 6302
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: ********
Style: ********
Total Bedrooms: 22
Total Bathrooms: 12
Total Full Baths: ********
Garage Type:
Garage Stalls: 6
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: Building, Fixture/Equipment, Leases
Exterior Amenities:
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Air Conditioning:
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