Active

517 W Cavour Avenue

Fergus Falls MN, 56537

$119,900


$60.19 per sqft

Active

1,992 sqft

Multi-family

Built in 1890

Investor alert! This cash-flowing triplex in the heart of town is a rare find, exceeding the 1% rule with room to grow! Unit 1 is a spacious 2-bed, 1-bath on the main floor, while Units 2 and 3 are 1-bed, 1-bath upstairs. Shared laundry in the basement adds convenience for tenants. Rents are below market, and with all utilities (except electric) included in rent, there's an opportunity to boost income. Prime location near schools and shops ensures strong rental demand. Don't miss this chance to add a high-performing asset to your portfolio!

6658472

MLS ID

February 12, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.16 Acres


Roof

Age Over 8 Years


Sewer

City Sewer/Connected

School Information

School District

Fergus Falls

Other Property Details

Taxes

$2,538


Tax Frequency

Annually


Days on Market

1


Accessibility

None


Garage

No


Parking

Gravel


View

No


County

Otter Tail


Water Source

City Water/Connected


Pool

No

 

Courtesy of Central MN Realty LLC

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Leslie Prischmann Flugstad shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Northstar MLS. All rights reserved. 

Data last updated 6:16 PM UTC, 2/12/2025

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