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Presented By: Keller Williams Realty Professionals
Move quickly on this rare investment opportunity in Fergus Falls. This multi-family property features 10 one bedroom units and 1 two bedroom unit with amenities like onsite laundry, pet-friendly living and secure access in a convenient downtown location near businesses and dining. This investment property also includes the adjacent 10-unit storage building which offers additional rental income or for personal storage needs. Properties are professionally managed with steady occupancy. This is the one to get started on investing or to add to your real estate portfolio. Seller is a licensed Realtor.
Presented By: Keller Williams Realty Professionals
Basement (Y/N)No
FuelElectric, Natural Gas
AccessibilityNone
Additional Parcels Description71001990115000
Additional Parcels Y/NYes
AppliancesElectric Water Heater, Range, Refrigerator
CityFergus Falls
Construction MaterialsBrick/Stone, Vinyl Siding
ContingencyInspection
CoolingWindow Unit(s)
CountyOtter Tail
Current UseResidential, Storage Facility
Days on Market124
DirectionsFrom Fergus Falls; Head east on W Cavour Ave toward N Court St, south onto N Cascade St.
Garage Spaces10
HeatingBaseboard, Forced Air
High School DistrictFergus Falls
Land Lease Y/NNo
Lender OwnedNo
NumberOfUnitsTotal11
OwnerPaysFuel, Insurance, Janitorial Service, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
PostalCityFergus Falls
Property SubTypeApartment
Property TypeCommercial Sale
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameFergus Falls
Tax Annual Amount4804
Tax Year2024
Tenant PaysCable TV, Electricity
UtilitiesElectric Separate, Hot Water Separate
Year Built1882
Zoning DescriptionResidential-Multi-Family
Building Area Total5088
Foundation Area1824
InclusionsBuilding, Leases
Lot Dimensions47 x 150
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCity Street, Paved Streets
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Realtor® MN