18894 Estate Drive Park Rapids, MN 56470

$515,000
Active
Apartment  |  MLS # 6520698
Active
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About The Listing

Invest in a 5 unit apartment building overlooking a lake on over 10 acres of land! This property is less than 3 minutes to Park Rapids and just north of Long Lake, overlooking Mud Lake. Fabulous setting! The 2 buildings contain 5 separate units. Two of the units are 3 bedroom, 2 bath units. One is a main level unit and the other 3 bedroom is an upper level unit. There are also 3 units that have 2 bedrooms and 1 bath. Of these 2 bedroom units, two of them are upper level and one is lower. All have many recent updates and are in very nice condition. Always full, there is a huge demand for rentals in the area.


Listing courtesy of Justin G Clack, Keller Williams Realty Professionals
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1960
MLS #: 6520698
Garage Spaces: 0
Parking Description: Gravel, Guest Parking, More Parking Onsite for Fee
Sewer Description: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
Air Conditioning Type: Window Unit(s)
Water: Submersible - 4 Inch, Well
Heat Type: Baseboard, Dual, Other
Basement: Slab
Construction Description: Vinyl Siding
Roof Description: Age Over 8 Years, Metal, Pitched
Days On Market (Continuous): 5
Disability Features: Partially Wheelchair
Latest Update: 04/26/2024
List Date: 04/17/2024
Listing Agent ID: 498000139
Listing Office: Keller Williams Realty Professionals
Listing Office ID: 25399
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Electric Water Heater, Range, Refrigerator
Lot Dimensions: 1022x596x690x745
Lot Size: 10.55 Acres
Lot Features: Tree Coverage - Medium
Waterfront: Lake View
School District: Park Rapids
Tax Year: 2023
Estimated Taxes: $3,290
Contingency Type: None
City: Park Rapids
Zip: 56470
County: Hubbard
State: MN
Listing last updated: 04/26/24

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