Price Reduction
Address
1311 Summit Avenue Detroit Lakes, MN
Price
$ 989,000
Property Attributes
  • ML#196994
  • TypeMulti-Family
  • CountyBECKER
  • CityDetroit Lakes
  • AreaQ - Rural MN S of HWY 10
  • Zip56501
  • Style
  • Year Built1949
  • Taxes5473
  • Price$ 989,000
  • Bedrooms0
  • Full Bathrooms7
  • Half Bathrooms0
Listing Provided Courtesy Of:
Fpg Realty
Property Description

Rare offering in Detroit Lakes. This 4-plex is located one block from Big Detroit and is across the street from Zorbaz and People's Park. Extensive high end renovations have been made to 2 of the units in the last 18 months along with the other 2 units being renovated with the same attention to detail just the year before. New appliances, flooring, windows, kitchen remodels, bathroom remodels, lighting, and insulation to name a few. See documents to find detailed renovations by unit. This property has seen success with short term rentals which includes 3 of the units coming fully furnished and 1 unit unfurnished with a longterm tenant. It has turned into a reliable source for local businesses and individuals relying on this rental service. Financials available upon request. One of a kind!

Price History
12/12/2019 Listed $1,100,000
1/31/2020 11% - $989,000

General Features

High School Detroit Lakes
Property Type I
Status Active
Subtype Multi-Family
Year Built 1949
Zoning Residential SF

Interior Features

Cooling Central, Window
Garage Stalls 1.00
Heating Electric, Forced Air, Natural Gas
Number of Fireplaces Electric, Wood Burning
Utilities City Sewer, City Water
Water Heater Electric

Exterior Features

Foundation Poured
Roof Shingle

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 56501

Price
AVG $990K
$990K
Taxes
AVG $5,473
$5,473
Visits
AVG 11
10
Year Built
AVG 1949
1949
Walkscore
AVG 40
40
Data Provided by Walkscore ® not using MLS data

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