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Address
S 104 Main Avenue Lengby, MN
Price
$ 64,000
Property Attributes
  • ID#5720316
  • TypeCommercial
  • CountyPOLK
  • CityLengby
  • AreaLengby
  • Zip56651
  • StyleMixed Use
  • Year Built1915
  • Taxes$ 654
  • Price$ 64,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.64 Acres
Listing Provided Courtesy Of:
Chad Dyrdahl with RE/MAX Bemidji.
Data Source:
Northwest Minnesota MLS (NWMMLS)
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 !

Price History
3/4/2021 Listed $64,000

General Features

Appliances Dryer, Range, Refrigerator, Washer
Area Lengby
Construction Status Previously Owned
Fuel Electric, Propane
Green Verification: Green Certification No
HOA NWMAR
Heating Baseboard, Forced Air
Property Type E
Road Frontage City Street
Sewer Private Sewer
Unit Details: Total Units 3
Water Private
Yearly/seasonal Yearly
Zoning Business/Commercial

Interior Features

Air Conditioning None
Garage Stalls 0.00

Exterior Features

Exterior Vinyl
Foundation Size 1262
Lot Dimensions 50x140 50x140
On Site Utilities Electric Common, Heating Common, Hot Water Common
Parking Characteristics Units Vary
Waterfront Present No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 56651

Price
AVG $60K
$60K
Taxes
AVG $654
$654
Visits
AVG 44
60
Year Built
AVG 1915
1915

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