Effie, MN 56639,200 NE Hwy 1
Effie, MN 56639,200 NE Hwy 1
Effie, MN 56639,200 NE Hwy 1
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$264,000
Est. payment /mo
0.51 Acres Lot
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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

Contingent None

Lot Size 0.510 Acres

Acres 0.51

Lot Dimensions .51 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

Basement Finished

Interior

Heating Baseboard, Forced Air

Cooling Central Air

Inclusions Building

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Parking Lot

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Metal

Present Use Residential

Building

Story Two

Foundation 2256

Sewer City Sewer/Connected

Water Drilled

Level or Stories Two

Structure Type Brick/Stone,Log Siding

Schools

School District Grand Rapids


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Listed by Cathy Carlson • COLDWELL BANKER NORTHWOODS
agent
Kimberly Miller

Broker

+1(612) 710-2609 | smile@kimberlymillerrealty.com

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