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601 N 1st Avenue Fergus Falls, MN $ 74,999
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$ 74,999 Get more info
601 N 1st Avenue
$ 74,999
Back to search
Share Save

601 N 1st Avenue

Fergus Falls, MN, 56537
$ 74,999
Bedrooms2 Baths1.0 Sq 1,057

Monthly Estimate*

$ 498

601 N 1st Avenue, Fergus Falls, MN 56537 - Image 1
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Single Family Home for sale in Fergus Falls, MN

for $74,999 with 2 bedrooms and 1 full bath. This 1,057 square foot home was built in 1920 on a lot size of 0.29.

Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This small residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. A 2 bedroom, 1 bath, 1,000+SF home with tenant lease through November gives you immediate cash flow. With diligence, patience, and a strategic approach, investing in this low-cost property, priced below market value, can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition.

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Single Family Pending

Price

$ 74,999

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,090

Style

Single Family Residence

Lot Size

0.29

Year Built

1920

Town/City

Fergus Falls

County/Region

Otter Tail

MLS | Web ID

6521736
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Window Unit(s)
Roof Age Over 8 Years
Appliances Dryer Electric Water Heater Range Refrigerator
HOA 0
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1920
Levels One and One Half
Property SubType Single Family Residence
Tax Year 2023
Accessibility None
County Otter Tail
New Construction N
Property Type Residential
HOA / Comm Assn N
Contingency None
Subdivision Name Mclanes Add
Directions From Lincoln Avenue proceed north on First Avenue 5 blocks house is on the left.
City Fergus Falls
Buyer Agent Compensation 2.50
Disclosures Leases Available
High School District Fergus Falls
Zoning Description Residential-Single Family
Lot Size Units Acres
Lot Size Square Feet 12632.4
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1090
Additional Parcels Y/N N
Days on Market 62
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Crawl Space
Total Fireplaces 0
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 1057
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 2
Below Grade Finished Area 0
Room Type Kitchen Living Room Bedroom 1 Bathroom Bedroom 2
Total Baths 1
Bath Desc Main Floor 3/4 Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas
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Exterior
Parking Features Gravel
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.29
Lot Dimensions 77x157
Foundation Area 673
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 601
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* Excluded Features
List By
Trilogy Real Estate

Broker

brian@mnlakeguys.com

Email

Affordability Calculator

$589
Per Month
85%
15%
0%
Monthly Principal & Interest
$498
Monthly Property Taxes
$91
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/28/2024$74,999 Listed Price

Map

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601 N 1st Avenue, Fergus Falls, MN, 56537 is a Single Family Home for sale at $74,999 with 1,057 sqft and a lot size of 0.29. 601 N 1st Avenue has 2 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 56537 which is in Fergus Falls, MN

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