( $75.37Per Sq Foot )
 $4,826 est/mo Sourced by Back At You

4011 4th St , Lake Park, MN 56554

Lake Park, MN 56554

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Seller offering $10,000 credit towards buyer's closing costs or appliances. What a great investment opportunity in the City of Lake Park! Welcome to Park Terrace Apartments, a 12-plex building located between Detroit Lakes, MN and Fargo, ND. Featuring 11-2bed/1bath units, 1-1bed/1 bath unit, 6 garage stalls and parking lot, shared/coin-op laundry in the lower level, common interior hallways, and more. Each 2nd and 3rd floor unit has a balcony, and two of the lower-level units have a walk-out patio. Over half of the units have been updated (Currently fully occupied). The roof was replaced about 10 years ago. New common water heater (6 years old). Hallway and Laundry updates underway. Plenty of Upside with current market rates, garage stall income (3 of 6 now rented), and coin-op laundry. Book your showing today! 48 hr notice required.


Listing TypeFor Sale
Days On Site222
Listing Provided ByThe Real Estate Company of Detroit Lakes | Christopher Howard Nord


SQ Feet11,928

Market Activity 56554

 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of July 24, 2024 at 8:07:24 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

CityLake Park
Zip Code56554
Community NameCanfields 1st Add
School District2889
Listing VS Median (in Canfields 1st Add)
low | high
80.033370411568% of Average
low | high
88.732394366197% of Average
$ / SqFt:
low | high
11.398081201335% of Average
On Site:
low | high
100% of Average
Sourced by Back At You
Listing Updated: July 19, 2024 at 5:48:18 PM PDT
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