616 Woodland Avenue, Park Rapids, MN 56470

$175,000
3,648
SqFt
Sold Price
$175,000
List Price
$159,995
Closing Date
Mar 15, 2024
Days on Market
16
Status
CLOSED
MLS#
6495790
Living Area
3,648
Lot Size (Acres)
0.33
Style
(MF) Triplex
Year Built
1970

Property Description

3 for the price of 1! This rare triplex offering has an ideal location and an exceptional rental history. Features two 3 bedroom, 2 bath units and one 2 bedroom, 1 bath unit. In total there are 8 bedrooms and 5 bathrooms with an above grade equivalent of 3,600+ sq ft. Additionally, Units B and C have full, unfinished basements while Unit A benefits from the garage. Unit B has been gutted and is ready for renovation. Each unit metered individually for electric. If you are looking for an in-play investment with positive cash flow and upside significance, then look no further. Sits on a 1/3rd of an acre adjacent to the Park Rapids schools.

Additional Information

Stories
Two
Garage Spaces
2
Heating
Baseboard, Boiler
Water
City Water/Connected
Sewer
City Sewer/Connected
School District
Park Rapids

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Listing courtesy of Affinity Real Estate Inc.. Selling Office: .

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