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540 W Stanton Avenue

Fergus Falls, MN 56537

– beds
– baths
1,574 sqft
$87 per sqft
1913 build
– on site

Looking for an opportunity to enter the realm of real estate investment or to expand your rental portfolio? This 2-unit residential unit offers potential for significant ROI for someone handy in the skills of maintenance and repair. Main floor 1BR/1BA apartment and 2BR/2BA upper floor apartment. Potential to add studio type apartment in lower level. With diligence, patience, and a strategic approach, investing in this low-cost property can be the first step towards building a successful real estate portfolio. Home priced to sell in as-is condition. Seller has paid in-full the special assessment for the current street reconstruction.

Listing courtesy of NORTHSTAR / Brian Tjaden / Trilogy Real Estate

Last checked: Checking… • Last updated Jun 30, 2024 •

MLS# 6558612 —

The Building

Year Built:

1913
New Construction:

false
Age Of Property:

111
Construction Materials:

Wood Siding
Roof:

Age Over 8 Years
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

787.0000
Basement:

Block
Basement:

true
Foundation Area:

787
Foundation Dimensions:

36x24
Above Grade Finished Area:

1574

Room Dimensions

Living Area:

1574

Location

Directions:

From West Lincoln Ave turn south onto Broadway. Stanton Ave is under construction, so Park on Broadway. Then take sidewalk on Stanton east to second house on North side.
Latitude:

46.282759
Longitude:

-96.083553

The Property

Parcel Number:

71003990949000
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Duplex Up and Down
Additional Parcels:

false
Lot Size Area:

0.29
Lot Size Dimensions:

90x142
Lot Size Units:

Acres
Road Frontage Type:

Paved Streets
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1756
Tax With Assessments:

1756.0000

Heating & Cooling

Heating:

Boiler

Utilities

Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Two

Schools

High School District:

Fergus Falls

The Community

Subdivision Name:

Mclanes Add
Assessment Pending:

No

Parking

Parking Features:

Gravel, Parking Lot
Garage Spaces:

1
Garage Dimensions:

24x14
Garage SqFt:

336

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
6/24/24 Jun 24, 2024	Listed / Active	NORTHSTAR	$138,000

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This multifamily located in Fergus Falls, MN 56537 is currently for sale for $138,000. 540 W Stanton Avenue is a 1,574 square foot multifamily with – beds and – baths that has been on Estately for 150 days. This multifamily is in the attendance area of Lincoln School, Mckinley School, Kennedy High School, Kennedy Middle School, Cleveland School, and Adams School.

Listing Courtesy of: NORTHSTAR and Trilogy Real Estate.

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.