, Pelican Rapids, Otter Tail County, Minnesota 56572, USA

MN, Pelican Rapids
$156,000
  • 6 Beds
  • 2 Bath
  • Residential Income Property Type
  • 1920 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Here is the perfect opportunity to own a well maintained duplex featuring a triple lot, and numerous updates. If you are looking for an investment property, or a new home to occupy and have your tenants help ease the burden of your mortgage payment, then this one is a must see. The current owners occupied the property for 23 years before relocating and using it as an income generating property. The home has had many new updates in the last 3-5 years, including but not limited to, new roof, new hot water heater, new electrical, and much more. The triple lot is a great feature, providing nice yards on each side of the home to host cookouts, or allow for a nice recreational area for children. Parking will never be an issue for this property, as each unit offers separate parking for the occupants with plenty of room for guests as well. Currently the property brings in over $1500.00/month in rental income, and the tenants pay all utilities excluding water. Each unit features a large mudroom with storage closets, spacious kitchens, large living rooms and 3 large bedrooms. Electric heat in the village with municipal utilities is a desirable feature for both tenants and owner/occupants. If you are looking for a great home to occupy and have your tenants help with the mortgage, this could be the ideal opportunity. Dont wait to set up a showing, this one is already garnering lots of interest.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6455504
  • Price: $156,000
  • Year Built: 1920
  • Status: Active
  • Office Name: Keller Williams Inspire Realty
  • Full Bathrooms: 1
  • Property Sub Type: Multi-Unit (2-4)
  • Roof: Asphalt
Features
  • Heating System Forced Air
  • Cooling System None
  • Basement Unfinished,Partial,Wood
  • Parking Detached
  • Sewer City Sewer - In Street
Appliances
  • Refrigerator
  • Microwave
  • Range
Address Map
  • Country US
  • State MN
  • County Otter Tail
  • City Pelican Rapids
  • Zipcode 56572
  • Street: 6th
  • Street Number: 30
  • Street Suffix: Avenue
  • Longitude: W97° 54' 54.4''
  • Latitude: N46° 33' 49.8''
  • Street Dir Suffix: SW
Neighborhood
  • High School District: Pelican Rapids
Additional Information
  • Water Source: City Water - In Street
  • Accessibility Features: None
  • Construction Materials: Steel Siding
  • Levels: One and One Half
  • Lot Size Dimensions: 50X150
Financial
  • Tax Annual Amount: 762
Listing Information
  • Co List Agent Mls Id: 582501745
  • List Agent Mls Id: 582502188
  • List Office Mls Id: 49875
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
-2°C Pelican Rapids
Saturday, 23 November Overcast Clouds -2 / -1
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$
MLS On The Fly

Schedule Appointment

Fill out the form below, and we will be in touch shortly.