Shannon Bienek
BEDS0
BATHS
SQUARE FEET6,892
MLS#7082979
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONIversons Add
SCHOOLDetroit Lakes
Property Description
This one-of-a-kind 4-plex is perfectly situated within the 1st block of the Detroit Lake City Beach and The Heartland State Trail, directly across the street from People's Park and just up the street from Zorbaz, not to mention Kent Freeman Arena, The Becker County Fairgrounds, MN Flyers Gymnastics, and more ? offering unbeatable convenience and appeal for tenants. Extensive renovations have been completed on multiple units in recent years, featuring modern appliances, updated flooring, kitchen remodels, bathroom updates, new lighting, and thoughtful insulation improvements. The property continues to benefit from strong rental performance and has established itself as a reliable source of income. The 5-bed/3-bath unit is fully furnished and turnkey for immediate occupancy. The 2-bed unit will be vacant and available at the end of the month. Whether you're an investor looking for steady cash flow or someone seeking to live in a unique multi-family property with strong upside and increasing value in a high-demand area for future development, this is truly a standout opportunity.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Partially Finished
Garage: 2
Heating: Baseboard, Forced Air, Fireplace(s)
Lot Size: 0.43 Acres
Roof Type: Asphalt
Taxes: $8,584
Year Built: 1949
Feature Descriptions
Exterior: Frame
Foundation Size: 3048
Lot: Tree Coverage - Medium
Lot Dimensions: 150x125
Owners Expense: Exterior Maintenance, Grounds Care, Insurance, Repairs, Roof Maintenance, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 491535000
Parking: Detached Garage, Concrete
Road Frontage: City Street, Curbs, Sidewalks, Storm Sewer
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected
Local Schools
School District: Detroit Lakes
Listed By / Shown By
Listed By
Agency Name: The Real Estate Company of Detroit Lakes
Agency Phone: 218-844-8008
Shown By
Agent Name: Shannon Bienek
Agent Phone: (701) 866-4760
Agency Title: Beyond Realty
Estimate Your Payment
Estimated Payment
$ 3,106.70 per month $2,114.29 Principal & Interest $715.33 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
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1311 Summit Avenue | MLS# 7082979
This multi-family property located at 1311 Summit Avenue, Detroit Lakes, MN 56501 is currently listed for sale with an asking price of $950,000. Summit Avenue is located within the Detroit Lakes school district. Search Detroit Lakes real estate on www.shannonbienek.com today.