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2-8 NE 1st St Street, Deer River, MN 56636

$85,000

  • For Sale
  • Active
  • Commercial
  • 7,560 Sq. Ft.
  • 0.25 Acres
  • Updated 6 days ago
2-8 NE 1st St Street, Deer River, MN 56636View this property at 2-8 NE 1st St Street, Deer River, MN 56636
2-8 NE 1st St StreetDeer RiverMN56636
Property Description
Great cash flow to this building and a good investment. Located on a major highway with good exposure and easy access. This property features two spacious apartments and three commercial/office spaces. A well-maintained building with convenient off street parking for tenants and public. New roof in 2016. Seller will look at offer.

Full Property Details for 2-8 NE 1st St St

General

  • Price: $85,000
  • Taxes: $3,678 (2017)
  • Status: Active
  • Type: Commercial
  • MLS ID: 4683066
  • Updated: 9/18/2018
  • Added: 944 day(s) ago

Interior

  • Appliances: Range, Cooktop, Refrigerator

Parking

  • Non-Garage Spaces: 10
  • Garage Description: Other

Location

  • County: Itasca
  • Driving Directions: Hwy 2 to Deer River. Property on right @ corner of 1st and Hwy 2.

School Information

  • School District: 317 - Deer River

Heating & Cooling

  • Cooling Type: Window Air Conditioning, Wall
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Construction Status: Previously Owned
  • Exterior Const.: Other
  • Basement: Yes
  • Basement Desc.: Partial
  • Foundation Size: 5160
  • Roof: Rubber
  • Disability Access: Other
  • Square Feet: 7,560
  • Current Bldg. Use: Business Service, Professional Service, Residential, Other
  • Year Built: 1950

Unit Information

  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 1
  • Units w/Refrigerators: 2
  • Units w/Range/Oven: 2

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 75 x 140
  • Frontage: City
  • Development Status: Previously Owned
  • Zoning: Residential-Multi-Family, Business/Commercial
  • Lot Description: Corner Lot

Financial Considerations

  • Tax w/Assessment: $3,990.98
  • Tax Amount: $3,678
  • Tax Year: 2017
  • Terms: Conventional
  • Owner Pays: Taxes, Insurance
  • Tenant Pays: Electric
  • Tenant Expense: Electric

Disclosures and Reports

  • Legal Description: ITASCA CITY LOTS 12-14 BLK 8
  • Property ID: 894800835

Listed by Move it Real Estate Group/Lake

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Schools

Schools serving 2-8 NE 1st St St

Score
Name
Grades
Distance
4
500 5th St Se, Deer River, MN 56636
PK-5
0.5 mi
4
101 1st Ave, Deer River, MN 56636
6-12
0.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 2-8 NE 1st St St Get Price Alerts

Date
Details
Price
Change
Source
9/29/2017
Price Reduced
$85,000
-14.91%
MLS
5/04/2017
Price Reduced
$99,900
-13.05%
MLS
3/20/2017
Price Reduced
$114,900
-4.17%
MLS
2/24/2016
Listed
$119,900
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 2-8 NE 1st St St

Listed by Move it Real Estate Group/Lake

2-8 NE 1st St Street, Deer River, MN 56636 (MLS# 4683066) is a Commercial property. 2-8 NE 1st St Street is currently listed for $85,000 and was received on February 24, 2016. Want to learn more about 2-8 NE 1st St Street? Do you have questions about finding other Commercial real estate for sale in Deer River? You can browse all Deer River real estate or contact a Coldwell Banker agent to request more information.