540 W Stanton Avenue, Fergus Falls, MN

$110,000

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1,574

Square feet

0.29

Acres

About 540 W Stanton Avenue

Unlock the Potential of This Value-Add Investment Opportunity: Whether you're stepping into real estate for the first time or expanding your rental portfolio, this versatile 2-unit property offers strong ROI potential for those skilled in renovation, maintenance, and repair. With tenants already vacated, the building is primed for updates and ready for your vision. Currently configured as a 1BR/1BA main floor apartment and a 2BR/1BA upper floor apartment. with room to grow by adding a studio-style unit in the lower level. Think big and consider converting the structure back into a single-family home on a double-wide lot for a profitable flip. Priced to sell in AS-IS condition, this low-cost property is a strategic entry point into real estate investment. Bonus: the seller has already paid the special assessment for the recently completed street reconstruction, saving you upfront costs. With the right approach, this could be the cornerstone of your next successful venture.

Features of 540 W Stanton Avenue

MLS® # 6786573
Price $110,000
Bathrooms 0.00
Square Footage 1,574
Acres 0.29
Year Built 1913
Type Residential Income
Sub-Type Duplex Up and Down
Style Duplex Up and Down
Status Active

Community Information

Address 540 W Stanton Avenue
Subdivision Mclanes Add
City Fergus Falls
County Otter Tail
State MN
Zip Code 56537

Amenities

# of Garages 1
Garages Gravel, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Fireplace No

Exterior

Roof Age Over 8 Years
Construction Wood Siding

School Information

District Fergus Falls

Additional Information

Days on Market 42
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeTrilogy Real Estate

Listing Map

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