MN > Fergus Falls > Mclanes Add
Fergus Falls, MN 56537,517 W Cavour AVE
Fergus Falls, MN 56537,517 W Cavour AVE
Fergus Falls, MN 56537,517 W Cavour AVE
Fergus Falls, MN 56537,517 W Cavour AVE
Fergus Falls, MN 56537,517 W Cavour AVE
Fergus Falls, MN 56537,517 W Cavour AVE
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Joanne Nigbor

Joanne Nigbor

Realty ONE Group Choice

+1(612) 483-8763
$ 114,900
Est. payment | /mo
Save
$ 114,900
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,992 sqft

Price per Sqft $57

Subdivision Mclanes Add

MLS Listing ID 6658472

Year Built 1890

Annual Tax Amount $2,538

Tax Year 2024

Contingent None

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x142

Property Sub-Type Triplex

Property Description

Investor alert! This cash-flowing triplex in the heart of town is a rare find, exceeding the 1% rule with room to grow! Unit 1 is a spacious 2-bed, 1-bath on the main floor, while Units 2 and 3 are 1-bed, 1-bath upstairs. Shared laundry in the basement adds convenience for tenants. Rents are below market, and with all utilities (except electric) included in rent, there's an opportunity to boost income. Prime location near schools and shops ensures strong rental demand. Don't miss this chance to add a high-performing asset to your portfolio!

Location

State MN

County Otter Tail

Rooms

Basement Owner Access, Concrete, Storage Space

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Gravel

Fence None

Roof Type Age Over 8 Years

Building

Story One and One Half

Foundation 1148

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One and One Half

Structure Type Wood Siding

New Construction false

Schools

School District Fergus Falls

Listed by Lee Haecherl • Central MN Realty LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(612) 483-8763

joannenigbor@gmail.com

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517 W Cavour AVE