$85,000 2-8 Ne 1st St Street Deer River, MN

MLS: 4683066   Type: Commercial   County: Itasca   City: Deer River   Zip: 56636   Style: Apartments and Retail,Low Rise     Taxes: $3,678

Mortgage $399 /mo



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Great cash flow to this building and a good investment. Located on a major highway with good exposure and easy access. This property features two spacious apartments and three commercial/office spaces. A well-maintained building with convenient off street parking for tenants and public. New roof in 2016. Seller will look at offer.

Elementary School

Middle School

High School

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Price History

2/26/2016 Listed $119,900
3/20/2017 5% - $114,900
5/4/2017 14% - $99,900
9/29/2017 15% - $85,000

Annual Gross Income 36425.00
Contingency None
Handicap Accessible Other
Listing Status Active
Municipality Deer River
Property Type CMU
School District 317 - Deer River
Year Built 1950
Zoning Residential-Multi-Family, Business/Commercial

Interior Features

A/C Window, Wall
Appliances Range, Cooktop, Refrigerator
Basement Partial
Fuel Natural Gas
Garage Stalls 0
Heating Forced Air
Number Of 1 Bedroom Unit 1
Number Of 2 Bedroom Unit 1
Number Of 3 Bedroom Unit 0
Number Of Ranges Two
Number Of Refrigerators Two

Exterior Features

Building Finished Square 7560
Exterior Other
Foundation Size 5160
Lake/waterfront - Y:n 0
Lot Description Corner Lot
Other Parking Spaces 10
Road Frontage City
Roof Rubber
Sewer City Sewer/Connected
Water City Water/Connected

Property Schools

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Gallery (9 photos)

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Property vs Zip Code Avg (56636)

Price 85K Avg 606K

Sqr Feet 7,560 Avg 4,341

Cost / Sqr Ft $11 Avg $140

Taxes $3,678 Avg $4,884

Acres 0.25 Avg 7.1

Visits 22 Avg 51

Days on Site 877 Avg 971

Walkscore® 34 Avg 27

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Listing Provided Courtesy Of: Move it Real Estate Group/Lake

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Location & Address

Trust Real Estate Team
11200 W 78th St
Twin Cities, MN

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