We are offering a one of a kind investment opportunity right in the heart of downtown Frazee. This 5 unit, mixed use property features 3 commercial spaces and 2 residential units sure to enhance your investment portfolio. Located on the town's busiest intersection, this building is a charming combination of turn of the century character with modern features and updates.This building boasts $25,800/year in rental income, giving it a strong 11.7% ROI. The listing agency currently uses 2 of the 3 commercial spaces available, which will leave them vacant upon sale, but there has already been multiple interested parties looking to lease. You can ''bank'' on this being an investment you won't regret!
Dryer, Floor Covering, Oven, Washer, Wdw Coverings-Some
Listing information last updated on May 23rd, 2019 at 7:47pm CDT.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the FMAAR MLS. Real estate listings other than Century 21 Vista, Inc are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker.
Information is being provided for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.
All property listing data is Copyright 2019 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
Information provided is not guaranteed to be accurate and should be independently verified.