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    104 S Main Avenue

    Lengby, MN 56651
    • $64,000
    • STATUS: Pending
    • ON SITE: 65 days
    • ID#: 5720316
    Pending
    $64,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,262
      SQFT
    • $51
      $/SQFT
    Type:
    Commercial
    Built:
    1915
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Re/Max Bemidji.

    Description

    Wow, talk about cash flow!! Three unit apartment building on Main Street in Lengby. Two , one bedroom units, and one large studio.The apartments rent for $700.00 a month each, and the efficiency rents for $500.00 a month. that's $1900.00 total a month but gross rent is as high as $2,075! Owner pays electric and propane, average electric bill is $300.00 a month, and minimal propane use. There is an unoccupied area in the NE corner of the building the owner uses for storage only due to a foundation issue. Exterior is also maintenance free. Priced right for the income !

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    IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Carol Nelson | Edina Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Carol Nelson | Edina Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Carol Nelson | Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-05-09T00:07:06.547.

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    104 S Main Avenue Lengby, MN 56651

    • Price: $64,000
    • Status: Pending
    • ID#: 5720316
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    1,262
    SQFT
    $51
    $/SQFT
    1915
    Built
    County:
    Polk
    Area:
    Lengby
    School District:
    601 - Fosston
    Property Description
    Wow, talk about cash flow!! Three unit apartment building on Main Street in Lengby. Two , one bedroom units, and one large studio.The apartments rent for $700.00 a month each, and the efficiency rents for $500.00 a month. that's $1900.00 total a month but gross rent is as high as $2,075! Owner pays electric and propane, average electric bill is $300.00 a month, and minimal propane use. There is an unoccupied area in the NE corner of the building the owner uses for storage only due to a foundation issue. Exterior is also maintenance free. Priced right for the income !
    Exterior Features

    Construction Materials Vinyl Siding Foundation Area 1262 Lot Size Dimensions 50X140 50X140 Parking Features Units Vary Parking Open 2 Road Frontage Type City Street Waterfront YN No

    Interior Features

    Appliances DryerRangeRefrigeratorWasher Cooling None Heating BaseboardForced Air

    Property Features

    Accessibility Features None Additional Parcels YN No Contingency None Current Use Residential Foreclosure Status No Fuel ElectricPropane Inclusions Other Lender Owned No Owner Pays ElectricityFuelSnow RemovalWater Postal City Lengby Potential Short Sale No Property Sub Type Mixed Use School District Number 601 Sewer Private Sewer Tax Annual Amount 654 Tax With Assessments 934.00 Tax Year 2021 Utilities Heating CommonElectric CommonHot Water Common Water Source Private Zoning Description Business/Commercial

    © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Re/Max Bemidji. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Carol Nelson | Edina Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Carol Nelson | Edina Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Carol Nelson | Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-05-09T00:07:06.547.

    Click here for Digital Millennium Copyright Act
     
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    Carol Nelson | Edina Realty
    ,
    Listing courtesy of Re/Max Bemidji.