31507 195th Avenue Elizabeth Twp, MN $ 199,900
31507 195th Avenue
$ 199,900
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31507 195th Avenue

Elizabeth Twp, MN, 56537
$ 199,900
Bedrooms8 Baths4.0 Sq 4,000

Monthly Estimate*

$ 1,396

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Multi-Family Home for sale in Elizabeth Twp, MN for $199,900 with 8 bedrooms and 4 full baths. This 4,000 square foot home was built in 1978 on a lot size of 7.42.

Country 4 plex on 7+ acres overlooking wetlands offers a great investment opportunity. All units are 2 bed 1 bath. Newer windows in some units. Vinyl siding. Large deck for the upper two units to utilize. Lessee's in 3 of the 4 units. Don't miss this opportunity! Owner/Agent

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Multi-Family Active

Price

$ 199,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,696

Style

Quadruplex

Lot Size

7.42

Year Built

1978

Town/City

Elizabeth Twp

County/Region

OTTER TAIL

MLS | Web ID

6505277

Features
General
Sewer Septic System Compliant - No
Heating Baseboard Forced Air Fireplace(s)
Roof Asphalt
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1978
Electric Circuit Breakers
Tenant Pays Electricity
Levels Two
Property SubType Quadruplex
Tax Year 2023
Gross Income 32380
Accessibility Fully Wheelchair
County Otter Tail
Operating Expense 14000
Insurance Expense 4073
New Construction N
Property Type Residential Income
Association Amenities None
Contingency None
Directions North of Fergus Falls on 27 about 9 miles. South on 195th Ave about 1 mile.
City Elizabeth Twp
Buyer Agent Compensation 2.50
High School District Fergus Falls
Zoning Description Residential-Multi-Family
Total Units 4
Carport Spaces 0
Street Name 195th
Land Lease Y/N N
Tax Annual Amount 2696
Electric Expense 428
Fuel Expense 1388
Trash Expense 1010
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 1
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Finished
Basement (Y/N) Y
Above Grade Finished Area 2000
Street Suffix Avenue
Below Grade Finished Area 2000
Foundation Dimensions 72x28
Fuel Electric Propane
Garage Dimensions 0
Garage Door Width 0
Garage Square Feet 1000
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Exterior
Parking Features Parking Lot
Water Source Drilled
Lot Size Area 7.42
Lot Dimensions 7.42 Acres
Lot Size Units Acres
Foundation Area 2000
Road Frontage Type Township
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 31507
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* Excluded Features
List By
Lakes Family Real Estate/Otter Tail Real Estate

Broker

zach@lakesfamilyres.com

Email

Affordability Calculator

$1,621
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,396
Monthly Property Taxes
$225
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
3048809 Elementary School
3048349 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$199,900 Listed Price

Map


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31507 195th Avenue, Elizabeth Twp, MN, 56537 is a Multi-Family Home for sale at $199,900 with 4,000 sqft and a lot size of 7.42. 31507 195th Avenue has 8 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 56537 which is in Elizabeth Twp, MN