Sold
301 Lincoln Avenue N
Battle Lake MN, 56515
$365,000
$65.81 per sqft
Sold
5,546 sqft
Commercial
Built in 1975
A promising investment opportunity presents itself in the form of a six-unit apartment complex located in Battle Lake. The complex boasts a prime location, situated within close proximity to all downtown Battle Lake has to offer, ensuring high demand from potential tenants. The property's strong rental history and steady cash flow offer immediate returns on investment, while potential for rent increases and property appreciation promise long-term growth prospects. The exterior is low maintenance and there is a newly built carport for tenants.
6554075
MLSⓇ ID
June 14, 2024
Listed
August 23, 2024
Updated
Map
301 Lincoln Avenue N
Battle Lake MN, 56515
Interior Features
Appliances
Dishwasher, Exhaust Fan, Range, Refrigerator
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.46 Acres
Roof
Asphalt
Sewer
City Sewer/Connected
School Information
School District
Battle Lake
Other Property Details
Taxes
$2,814
Tax Frequency
Annually
Days on Market
14
Association Amenities
Coin-op Laundry Owned
Garage
Yes
Garage Spaces
8
Parking
Carport, Covered, Gravel
View
No
County
Otter Tail
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/21/2024 | Sold | $365,000 |
6/28/2024 | Pending | — |
Courtesy of Weichert RE - Paulson Land Co
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.
©2024 Northstar MLS. All rights reserved.
Data last updated 2:15 PM UTC, 8/23/2024
