Park Rapids, MN 56470,616 Woodland AVE
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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

$175,000

Est. payment /mo

$159,995

9.4%
Est.Price: ?

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616 Woodland AVE Park Rapids, MN 56470

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

Year Built 1970

Annual Tax Amount $4,170

Tax Year 2024

Lot Size 0.330 Acres

Property Sub-Type Triplex

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

Interior

Heating Baseboard, Boiler

Exterior

Parking Features Attached Garage, Open

Garage Spaces 2.0

Building

Story Two

Foundation 1536

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Vinyl Siding

New Construction false

Schools

School District Park Rapids

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Listed by Jack Brann • Affinity Real Estate Inc.
agent

Richard Minn

Agent | License ID: 20467653

+1(612) 325-7879

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