200 NE Hwy 1 Active Save Request In-Person Tour Request Virtual Tour
Effie,MN 56639
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6751632
Year Built 1962
Annual Tax Amount $1,419
Tax Year 2025
Lot Size 0.510 Acres
Property Sub-Type Apartment
Property Description
Investor Alert - Fully Occupied Six-Plex with Strong Rental History
Turnkey investment opportunity in a well-maintained six-unit apartment complex operating at fullcapacity. All units are clean, updated, and include central air, offering tenants desirable living conditions that help maintain low turnover. The property features designated parking with electric
hookups, a coin-operated laundry for additional income, and a shared outdoor space with a patioand raised garden beds, appealing to quality renters.
Stable rental market with consistent occupancy. Ideal for the seasoned investor or anyone looking to expand their portfolio with a proven asset.
Qualified buyer only!
Location
State MN
County Itasca
Zoning Residential-Multi-Family
Rooms
Family Room Other
Interior
Heating Baseboard,Forced Air
Cooling Central Air
Inclusions Building
Exterior
Parking Features Parking Lot
Utilities Available Electric Common,Heating Common,Hot Water Common
Roof Type Metal
Building
Story Two
Foundation 2256
Sewer City Sewer/Connected
Water Drilled
Structure Type Brick/Stone,Log Siding
Schools
School District Grand Rapids