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101 1st Avenue NW

Aldrich, MN 56434

– beds
– baths
1,764 sqft
$99 per sqft
1940 build
– on site

A unique investment opportunity on Partridge River in Aldrich. Originally a popular restaurant, this property has been transformed into a thriving apartment complex featuring three occupied rental units, providing immediate income potential. Additionally, there is room to expand with two more units, offering significant growth opportunities. The property also includes three spacious attached garages, ideal for storage or additional rental options. This location offers peace and privacy, while still being conveniently situated near local amenities. Whether you're an investor looking to expand your portfolio or someone with a vision for a mixed-use space, this one-of-a-kind property has the versatility to meet your needs. Don’t miss out!

Listing courtesy of NORTHSTAR / Shanna Perez-Davis / Realty Group LLC

Last checked: Checking… • Last updated Dec 15, 2024 •

MLS# 6638557 —

The Building

Year Built:

1940
New Construction:

false
Age Of Property:

84
Construction Materials:

Steel Siding, Wood Siding
Accessibility Features:

No Stairs External, No Stairs Internal
Levels:

One
Main Level Finished Area:

1764.0000
Basement:

Other
Basement:

false
Foundation Area:

8195
Building Area Total:

1764
Above Grade Finished Area:

1764

Room Dimensions

Living Area:

1764

Location

Directions:

West on Hwy 210 to Hwy 10 W to right on 1st Ave. Property on the left. See sign.
Latitude:

46.375484
Longitude:

-94.93966

The Property

Parcel Number:

163100020
Property Type:

Residential Income
Property Subtype:

Other
Additional Parcels:

false
Lot Size Area:

3.74
Lot Size Dimensions:

390x492x400x245
Lot Size Units:

Acres
View:

River, West
Lake Chain:

N
Water Body Name:

Partridge River
Waterfront Feet:

390
Road Between Waterfront and Home:

No
Water Source:

Submersible - 4 Inch, Drilled, Well
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1392
Tax With Assessments:

1392.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Sewer:

Tank with Drainage Field

Appliances

Refrigerator:

Three

Schools

High School District:

Staples-Motley

The Community

Waterfront:

true
Waterfront Features:

River Front
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Asphalt
Garage Spaces:

3
Garage SqFt:

1676
Carport Spaces:

3

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price
12/9/24 Dec 9, 2024	Listed / Active	NORTHSTAR	$174,900
8/25/20 Aug 25, 2020	Price Changed	NORTHSTAR
7/26/20 Jul 26, 2020	Listed / Active	NORTHSTAR

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This multifamily located in Aldrich, MN 56434 is currently for sale for $174,900. 101 1st Avenue NW is a 1,764 square foot multifamily with – beds and – baths that has been on Estately for 8 days. This multifamily is in the attendance area of Staples-Motley Senior High School and Connections High School.

Listing Courtesy of: NORTHSTAR and Realty Group LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.