$515,000
$515,000
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18894 Estate DR Park Rapids, MN 56470
10.55 Acres Lot
Key Details
Sold Price $515,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6520698
Sold Date 06/28/24
Year Built 1960
Annual Tax Amount $3,290
Tax Year 2023
Contingent None
Lot Size 10.550 Acres
Acres 10.55
Lot Dimensions 1022x596x690x745
Property Description
Invest in a 5 unit apartment building overlooking a lake on over 10 acres of land! This property is less than 3 minutes to Park Rapids and just north of Long Lake, overlooking Mud Lake. Fabulous setting! The 2 buildings contain 5 separate units. Two of the units are 3 bedroom, 2 bath units. One is a main level unit and the other 3 bedroom is an upper level unit. There are also 3 units that have 2 bedrooms and 1 bath. Of these 2 bedroom units, two of them are upper level and one is lower. All have many recent updates and are in very nice condition. Always full, there is a huge demand for rentals in the area.
Location
State MN
County Hubbard
Zoning Other
Body of Water Unnamed Lake
Rooms
Basement Slab
Interior
Heating Baseboard, Dual, Other
Cooling Window Unit(s)
Fireplace No
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Parking Features Gravel, Guest Parking, More Parking Onsite for Fee
Utilities Available Electric Separate
Waterfront Description Lake View
Roof Type Age Over 8 Years,Metal,Pitched
Present Use Residential
Building
Lot Description Tree Coverage - Medium
Story Two
Foundation 2352
Sewer Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
Water Submersible - 4 Inch, Well
Level or Stories Two
Structure Type Vinyl Siding
Schools
School District Park Rapids
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