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