Steven Hicks
(701) 239-2232
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Listing Details
- $1,150,000
- MLS# 7146450
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 218-395-9239
Shown By
Agent Name: Steven Hicks
Agent Phone: (701) 239-2232
Agency Title: Town & Country Realty
Home Value Estimate
Description
Exceptional investment opportunity in Walker, Minnesota, overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers strong income potential with a cap rate over 7% in one of northern Minnesota's most popular year-round destinations.The property features one spacious 3-bedroom, 1-bath unit, ten 1-bedroom, 1-bath units, and three efficiency units. All 14 units have been recently renovated with updated interiors and modern finishes, creating a turnkey opportunity with limited immediate capital improvements needed.Three units are currently operated as Airbnb rentals, providing a blend of long-term and short-term...read more
Features
- Cooling: Wall Unit(s)
- Heating: Baseboard
- Stories: 1.0
- Taxes: $8,596
- Water: City Water/Connected
- Year Built: 1950
Gallery
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 218-395-9239
Shown By
Agent Name: Steven Hicks
Agent Phone: (701) 239-2232
Agency Title: Town & Country Realty
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