Property Details

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 maintennce and repair.

A 2 bedroom, 1 bath, 1, 000+SF home with tenant lease through November gives you immediate cash f low. 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.

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on 601 N 1st Ave
in Fergus Falls, MN
Presented by Brian Tjaden at
Trilogy Real Estate.


Property MLS #6521736 from Fargo

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 2

+ Other Rooms

Total Rooms: 5
Basement Features: Crawl Space
Living Room Level: Main

+ Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

+ Appliances

Dryer
Refrigerator
Range
Laundry Features: Kitchen
Dryer: Yes
Refrigerator: Yes

+ Heating and Cooling

Cooling Features: Window
Heating Features: Forced Air
Heating: Yes

+ Kitchen and Dining

Kitchen Level: Main

+ Waterfront and Water Access

Water Features: City Water/Connected

+ Land Info

Lot Size Acres: 0.29
Lot Size Dimensions: 77x157
Lot Size Square Feet: 12632

+ Exterior and Lot Features

Road Frontage Type: City Street

+ Garage and Parking

Parking Features: Driveway - Gravel

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 1090
Source Listing Status: Active
County: Otter Tail
Directions: From Lincoln Avenue proceed north on First Avenue 5 blocks, house is on the left.
Source Property Type: Residential
Source Neighborhood: Mclanes Add
Parcel Number: 71003500118000
Subdivision: Mclanes Add
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $unknown $63,000	$630
2021	$22,000 + $17,700 $39,700	$604
2020	$20,500 + $17,700 $38,200	$608
2019	$20,200 + $17,700 $37,900	$600
2018	$17,800 + $15,400 $33,200	$510
2017	$19,800 + $15,400 $35,200	$534
2016	$18,900 + $15,400 $34,300	$512
2015	$11,300 + $15,400 $26,700	$593
2014	$11,600 + $15,400 $27,000	$570
2013	$12,000 + $16,000 $28,000	$406
2012	$12,500 + $16,000 $28,500	$398

+ Reveal Property Sale History

Listed 2024-04-19
$74,999
Fargo

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Sold 2013-03-04
$20,000
LakeRegionMN

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Listed 2012-04-16
$28,500
LakeRegionMN

+ Building and Construction

Total Square Feet Living: 1057
Year Built: 1920
Building Area Total: 1057
Building Exterior Type: Frame
Construction Materials: Wood
Foundation Details: Crawl Space
Living Area Source: County Records
Property Age: 104

+ Utilities

Sewer: City Sewer/Connected
Water Source: City Water/Connected

+ Display Complete School Details

Kennedy High School is a public high school located approximately 1.2 miles away.
Map directions

McKinley Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions

Trinity Lutheran School is a private elementary school located approximately 0.4 miles away.
Map directions

Lakes Country Academy is a public elementary, middle and high school located approximately 0.9 miles away.
Map directions