388 Mill Avenue SE, Blackduck, MN 56630

$115,000
3
BD
2
BA
988
SqFt

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Sold Price
$115,000
List Price
$130,000
Status
CLOSED
Days on Market
181
Closing Date
Apr 23, 2025
MLS#
6613150
Subtype
Residential
Year Built
1950
Bedrooms
3
Bathrooms
2
Full Baths
1
Living Area
988
Acres
0.52
Subdivision
Stelmachs Add

Property Description

The property offers a unique opportunity for investors or individuals seeking to customize a well-built home to their preferences. The double lot provides ample space, potentially increasing the property's value and offering various design options for expansion or landscaping. The existing structure's location in a quiet neighborhood enhances its appeal, with scenic views that could attract potential buyers or renters. Moreover, the pre-plumbed basement with a separate entrance presents a significant advantage, allowing for the creation of an additional rental unit, which could serve as a source of passive income. This aspect aligns with the growing trend of homeowners converting basements into apartments, a move that can offer a return on investment and increase the overall property value. Overall, this property seems to be a promising investment with several attractive features for those looking to enter the real estate market or expand their portfolio.

Additional Information

Taxes
$780
Zoning
Residential-Single Family
Appliances
Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Rented, Microwave, Range, Refrigerator, Washer
Heating
Forced Air
Stories
One
Levels
One
Roof
Age 8 Years or Less, Asphalt
Parking
Gravel
School District
Blackduck

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Listing courtesy of Real Broker, LLC.

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