MLS 5717416 : Park Rapids MN : 0.230 ac

MLS 5717416
Park Rapids MN
0.230 ac


$399,900


Extremely rare 'For Sale' apartment complex located in Park Rapids. This property features 6 units on the second level and 5 units on the lower level. The main level is currently vacant but was formerly utilized as a dental practice. It can continue to operate in a commercial capacity or be converted in to additional apartments. The owners are nearing completion of the administrative process for this expanded residential approval which could add (4) large income producing units. Natural gas heat, coin operated laundry, 24x40 shop, long term tenancy, onsite manager and so much more is included. Ideal for the passive investor. Great location within walking distance to everything downtown has to offer.




39:1

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