Affinity Real Estate Inc
office
218-237-3333
cell
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MLS 5717416

Park Rapids : Commercial : 0.230 ac

MLS 5717416 : Active

MLS 5717416
Park Rapids MN 56470


$399,900


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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.


Additional Details

County: Hubbard
Acres: 0.230
Lot Dimensions: 75x140
Road Frontage: City Street
SqFt Finished: 0.230 ac
Taxes: $8,356
Taxes with Assessments: $11,346
Tax Year: 2021


Additional Features

Exterior: Brick/Stone, Other
Fuel: Natural Gas
Heat: Baseboard, Hot Water
Cooling: Window Unit(s), Ductless Mini-Split
Water: City Water/Connected
Roof: Metal, Other



Contact Jack for More Information


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Listed By : Affinity Real Estate Inc.
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call Jack Brann today • office: 218-237-3333 • cell: 218-252-8882 • fax: 218-237-3377



Contact Jack Brann

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Affinity Real Estate Inc.
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

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Park Rapids MN : Commercial : 0.230 ac . 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 . . .