Park Rapids, MN 56470,616 Woodland AVE
Park Rapids, MN 56470,616 Woodland AVE
Park Rapids, MN 56470,616 Woodland AVE
Park Rapids, MN 56470,616 Woodland AVE
Park Rapids, MN 56470,616 Woodland AVE
Park Rapids, MN 56470,616 Woodland AVE
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$175,000

$159,995

9.4%
Est.Price: ?

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Est. payment /mo

3,648 SqFt


SOLD DATE : 03/15/2024

Key Details

Sold Price $175,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $47

Subdivision Cooksons Add

MLS Listing ID 6495790

Sold Date 03/15/24

Year Built 1970

Annual Tax Amount $4,170

Tax Year 2024

Contingent None

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 104 x 140

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.

Location

State MN

County Hubbard

Zoning Residential-Multi-Family

Rooms

Basement Block, Unfinished

Interior

Heating Baseboard, Boiler

Fireplace No

Exterior

Garage Attached Garage, Open

Garage Spaces 2.0

Parking Type Attached Garage, Open

Building

Story Two

Foundation 1536

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Vinyl Siding

New Construction false

Schools

School District Park Rapids

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Listed by Jack Brann • Affinity Real Estate Inc.

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