$175,000
$159,995
9.4%For more information regarding the value of a property, please contact us for a free consultation.
616 Woodland AVE Park Rapids, MN 56470
3,648 SqFt
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $47
Subdivision Cooksons Add
MLS Listing ID 6495790
Sold Date 03/15/24
Year Built 1970
Annual Tax Amount $4,170
Tax Year 2024
Contingent None
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 104 x 140
Property Description
3 for the price of 1! This rare triplex offering has an ideal location and an exceptional rental history. Features two 3 bedroom, 2 bath units and one 2 bedroom, 1 bath unit. In total there are 8 bedrooms and 5 bathrooms with an above grade equivalent of 3,600+ sq ft. Additionally, Units B and C have full, unfinished basements while Unit A benefits from the garage. Unit B has been gutted and is ready for renovation. Each unit metered individually for electric. If you are looking for an in-play investment with positive cash flow and upside significance, then look no further. Sits on a 1/3rd of an acre adjacent to the Park Rapids schools.
Location
State MN
County Hubbard
Zoning Residential-Multi-Family
Rooms
Basement Block, Unfinished
Interior
Heating Baseboard, Boiler
Fireplace No
Exterior
Garage Attached Garage, Open
Garage Spaces 2.0
Building
Story Two
Foundation 1536
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Park Rapids
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