Address
601 N 1st Avenue, Fergus Falls, MN
Price
$ 74,999
Property Attributes
- MLS#6521736
- TypeSingle Family
- CountyOTTER TAIL
- CityFergus Falls
- NeighborhoodMclanes Add
- Zip56537
- Style(SF) Single Family
- Year Built1920
- Taxes$ 1090
- Price$ 74,999
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1057
- Lot Size12,632 SqFt
Data Source:
Fargo-Moorhead Area AOR (FMAAR)
Property Description
Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This small residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. A 2 bedroom, 1 bath, 1,000+SF home with tenant lease through November gives you immediate cash flow. With diligence, patience, and a strategic approach, investing in this low-cost property, priced below market value, can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition.
| Price History | |
|---|---|
| 4/19/2024 | Listed $74,999 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Window |
| Roof | Age Over 8 Years |
| HOA | 0.0 |
| Garage Spaces | 0.0 |
| Architectural Style | (SF) Single Family |
| Construction Materials | Frame |
| Year Built | 1920 |
| Levels | One and One Half |
| Accessibility | None |
| County | Otter Tail |
| Insurance Expense | 0.0 |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Contingency | None |
| Subdivision Name | Mclanes Add |
| Garage Y/N | No |
| Total Rooms | 5 |
| Status | Active |
| Directions | From Lincoln Avenue proceed north on First Avenue 5 blocks,house is on the left. |
| City | Fergus Falls |
| View Y/N | No |
| Lot Size Square Feet | 12632.4 |
| Carport Y/N | No |
| Street Name | 1st |
| Tax Annual Amount | 1090.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| MobileHomeRemainsYN | No |
| Legal Description | SECT-34 TWP-133 RANGE-043 .29 AC COM NE COR NW1/4 SW1/4 SEC 34 W APPROX 437.5' TO E LN 1ST ST S 263.6' TO INTERSEC WITH N LN SPRUCE ST N 89-? W 82.2' TO BG N 89-? W 157.2' N 95.3' TO A P 165' S OF N |
| Senior Community | None |
| New Construction | None |
Interior Features
| Basement | Crawl Space |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| 3/4 Baths | 1 |
| Street Suffix | Avenue |
| Laundry Features | In Kitchen |
| Total Bedrooms | 2 |
| Electric On Property Y/N | No |
| Total Baths | 1 |
Exterior Features
| Parking Features | Driveway - Gravel |
|---|---|
| Lot Features | Tree Coverage - Medium |
| Water Source | City Water/Connected |
| Lot Size Area | 0.29 |
| Spa | No |
| Building Area Total | 1057.0 |
| Lot Dimensions | 77x157 |
| Lot Size Acres | 0.29 |
| Lot Size Units | Acres |
| Road Frontage Type | City Street |
| Crops Included Y/N | No |
| Road Responsibility | Public Maintained Road |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 56537
Price
Taxes
Visits
Year Built
Tax and special assessment figures are provided by the listing companies and are usually from the most recent tax bill, but buyer should verify amounts with appropriate governmental departments for accuracy and future estimates. New construction listings often have incomplete or no information on tax or special assessment estimates provided by listing companies, so they must be verified. Figures do not reflect any pending, proposed, or future special assessments which may be levied by governmental
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Badlands Board of REALTORS® (BNDBOR). All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Legendary Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.
Last Updated: May 4, 2024 3:37 AM UTC
