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614 Main Avenue N Park Rapids, MN $ 229,900
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$ 229,900 Get more info
614 Main Avenue N
$ 229,900
Back to search
Share Save

614 Main Avenue N

Park Rapids, MN, 56470
$ 229,900
Bedrooms7 Baths5.0 Sq 4,032

Monthly Estimate*

$ 1,606

614 Main Avenue N, Park Rapids, MN 56470 - Image 1
614 Main Avenue N, Park Rapids, MN 56470 - Image 2
614 Main Avenue N, Park Rapids, MN 56470 - Image 3
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614 Main Avenue N, Park Rapids, MN 56470 - Image 7

Multi-Family Home for sale in Park Rapids, MN

for $229,900 with 7 bedrooms and 5 full baths. This 4,032 square foot home was built in 1900 on a lot size of 0.24.

Buy the triplex and get a duplex for free! If you are looking for an income producer then look no further. The location is ideal and the rental history is extremely consistent. The triplex includes 2800+ finished sq ft with (2) two bedroom units and (1) one bedroom unit. The duplex includes 1200+ finished sq ft with (2) one bedroom units. In total there are 5 units with 5 baths and over 4000 (above grade) finished sq ft. Each has natural gas or electric heat. All units are metered individually for electricity. The rental demand is as high as it has ever been with no slow down in sight. 614 Main Avenue N in beautiful downtown Park Rapids, MN is a great hedge for anyone looking to invest in the tangibles of real estate.

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Multi-Family Active

Price

$ 229,900

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 3,094

Style

Lot Size

0.24

Year Built

1900

Town/City

Park Rapids

County/Region

Hubbard

MLS | Web ID

6503426
Features
General
Sewer City Sewer/Connected
Heating Baseboard Forced Air
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1900
Levels Two
Property SubType Other
Tax Year 2024
Gross Income 0
Accessibility None
County Hubbard
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Churchills Second Add
Directions From Main Ave @ Hwy 34: Go North on Main Ave 6 Blocks to property on right.
City Park Rapids
Buyer Agent Compensation 2.25
High School District Park Rapids
Zoning Description Residential-Multi-Family
Total Units 4
Street Name Main
Land Lease Y/N N
Tax Annual Amount 3094
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 0
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Other Slab Unfinished
Basement (Y/N) Y
Above Grade Finished Area 4032
Street Suffix Avenue
Below Grade Finished Area 0
Fuel Electric Natural Gas
Garage Dimensions 0
Garage Square Feet 0
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Exterior
Parking Features Asphalt Open
Water Source City Water/Connected
Lot Size Area 0.24
Lot Dimensions 75 x 140
Lot Size Units Acres
Foundation Area 1716
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 614
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* Excluded Features
List By
Affinity Real Estate Inc.

Broker

Jack@JackBrann.com

Email

Affordability Calculator

$1,864
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,606
Monthly Property Taxes
$258
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709114 Elementary School
709313 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/14/2024$229,900 Listed Price

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614 Main Avenue N, Park Rapids, MN, 56470 is a Multi-Family Home for sale at $229,900 with 4,032 sqft and a lot size of 0.24. 614 Main Avenue N has 7 bedrooms, 5.0 baths, and was built in 1900. The property's zip code is 56470 which is in Park Rapids, MN

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