For Sale: Fergus Falls MLS# 7023314
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Property Description
31-unit multifamily investment in Fergus Falls, MN. 1447 Patterson Loop offers 18 units; 1628 has 13 units. Originally built in 1920 and fully restored to the studs in 2017 using Historic Tax Credits. Upgrades include tuck-pointed brick, new wiring, plumbing, HVAC, roof, windows, flooring, kitchens, and more.
This one-of-a-kind property blends historic charm with modern reliability.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,400,000
Property Type:
Commercial
City:
Fergus Falls
Garage Spaces:
0
County:
Otter Tail
Year Built:
1912
State:
MN
Property Style:
Other
Zip Code:
56537
Subdivision Name:
Kirkbride Add
Exterior
Garage Spaces:
0
Foundation Size:
15,000 ft2
Handicap Accessible:
Other
Heating System:
Zoned
Parking Features:
Parking Lot
Lot & Land
Acres:
1.737
Geolocation:
46.299647, -96.079022
Inclusions:
Building
Lot Dimensions:
102000
Zoning:
Business/Commercial
Schools
School District:
1944
District Phone:
2189980544
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,224
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,224
Units
Total Units:
31
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Available Utilities:
Electric Separate
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Horizon Real Estate Group.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.