706, 708, 710 Holden Ave., Henning, MN 56551
706, 708, 710 Holden Ave., Henning, MN 56551
706, 708, 710 Holden Ave., Henning, MN 56551
706, 708, 710 Holden Ave., Henning, MN 56551
706, 708, 710 Holden Ave., Henning, MN 56551
706, 708, 710 Holden Ave., Henning, MN 56551
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Angie Nelson

Angie Nelson

+1(701) 219-0031
$ 500,000
Est. payment | /mo

32 Beds

16 Baths

1.55 Acres Lot

Save
$ 500,000
Est. payment | /mo
Save

32 Beds

16 Baths

1.55 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision 01143-Original Plat-Henning

MLS Listing ID 7074045

Bedrooms 32

Year Built 1978

Annual Tax Amount $7,069

Tax Year 2026

Contingent None

Lot Size 1.550 Acres

Lot Dimensions 658' x 348'

Property Description

Here is a unique investment opportunity. This 3 building, 16 plex consists of an 8 unit and 2 - 4 unit buildings. Each are 2 bedroom, 1 bath apartments with a common entrance for each building. Rent is currently below area rate as this complex was financed by several community minded people with rent control financing to provide low cost housing in the community. The rent control contract has expired and the owner group would like to pass on the management to someone else. Since the expiration of the contract, rent has been increased for new tenants. The property contains a large area that would allow for a 4th building to be constructed. Offers must be delivered to the listing agent by July 15, 2026 at 5:00pm Central Standard Time. Listing agent will hold all offers as "sealed" until the next meeting of
the Board of Directors. At such time, the board shall open and duly consider each offer presented. The Board reserves the right to decline, accept, or counter any offer. The Board also reserves the right to call for "highest and best" between competing offers. The final acceptance of a Purchase Agreement shall be at a date, not specified here, at the direction of the Board. Final closing date shall be negotiated between the Seller and Buyer. All 16 apartments are Section 8 eligible.

Location

State MN

County Otter Tail

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Baseboard

Cooling Wall Unit(s)

Flooring Carpet, Vinyl

Inclusions Building, Inventory, Land, Leases

Fireplace No

Appliance Cooktop, Exhaust Fan, Range, Refrigerator

Exterior

Parking Features Asphalt, Parking Lot, Paved Lot, Unassigned, Open

Fence None

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Roof Type Age Over 8 Years

Present Use Commercial,Residential

Building

Lot Description Corner Lot, Irregular Lot

Story Two

Foundation 9062

Sewer City Sewer/Connected

Water City Water/Connected, Shared System

Level or Stories Two

Structure Type Frame

New Construction false

Schools

School District Henning

Listed by Clay Houselog • Weichert, Realtors - Paulson Land Co
Angie Nelson

${companyName}

Phone

+1(701) 219-0031

Address

35686 Rush Lake Loop Ottertail MN 56571, Ottertail, Minnesota, 56571, USA

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706, 708, 710 Holden Ave.