$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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Lot Size








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.

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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
Cumulative Days on Market 962
Handicap Accessible Other
Listing Status Active
Municipality Deer River
Potential Short Sale No
Property Type CMU
School District 317 - Deer River
Tax Year 2017
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

Acres 0.250
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 734K

Sqr Feet 7,560 Avg 4,481

Cost / Sqr Ft $11 Avg $164

Taxes $3,678 Avg $5,825

Acres 0.25 Avg 8.79

Visits 40 Avg 75

Days on Site 966 Avg 1,283

Walkscore® 34 Avg 25

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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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