Park Rapids, MN 56470
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.
Listing Office: Affinity Real Estate Inc.
Last Updated: April - 01 - 2021
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Sunday 18th of April 2021 07:44 AM