207 Park Avenue Dalton, MN ^$ 470,000

207 Park Avenue

^$ 470,000

Back to search

207 Park Avenue

Dalton, MN, 56324

^$ 470,000

Studio Baths0.0 Sq 7,104

Monthly Estimate*

^$ 3,283

207 Park Avenue, Dalton, MN 56324 - Image 1

207 Park Avenue, Dalton, MN 56324 - Image 2

207 Park Avenue, Dalton, MN 56324 - Image 3

207 Park Avenue, Dalton, MN 56324 - Image 4

207 Park Avenue, Dalton, MN 56324 - Image 5

207 Park Avenue, Dalton, MN 56324 - Image 6

207 Park Avenue, Dalton, MN 56324 - Image 7

207 Park Avenue, Dalton, MN 56324 - Image 8

207 Park Avenue, Dalton, MN 56324 - Image 9

207 Park Avenue, Dalton, MN 56324 - Image 10

207 Park Avenue, Dalton, MN 56324 - Image 11

207 Park Avenue, Dalton, MN 56324 - Image 12

207 Park Avenue, Dalton, MN 56324 - Image 13

207 Park Avenue, Dalton, MN 56324 - Image 14

207 Park Avenue, Dalton, MN 56324 - Image 15

207 Park Avenue, Dalton, MN 56324 - Image 16

207 Park Avenue, Dalton, MN 56324 - Image 17

207 Park Avenue, Dalton, MN 56324 - Image 18

207 Park Avenue, Dalton, MN 56324 - Image 19

207 Park Avenue, Dalton, MN 56324 - Image 20

207 Park Avenue, Dalton, MN 56324 - Image 21

207 Park Avenue, Dalton, MN 56324 - Image 22

207 Park Avenue, Dalton, MN 56324 - Image 23

207 Park Avenue, Dalton, MN 56324 - Image 24

207 Park Avenue, Dalton, MN 56324 - Image 25

207 Park Avenue, Dalton, MN 56324 - Image 26

207 Park Avenue, Dalton, MN 56324 - Image 27

207 Park Avenue, Dalton, MN 56324 - Image 28

207 Park Avenue, Dalton, MN 56324 - Image 29

207 Park Avenue, Dalton, MN 56324 - Image 30

207 Park Avenue, Dalton, MN 56324 - Image 31

207 Park Avenue, Dalton, MN 56324 - Image 32

207 Park Avenue, Dalton, MN 56324 - Image 33

207 Park Avenue, Dalton, MN 56324 - Image 34

207 Park Avenue, Dalton, MN 56324 - Image 35

207 Park Avenue, Dalton, MN 56324 - Image 36

207 Park Avenue, Dalton, MN 56324 - Image 37

207 Park Avenue, Dalton, MN 56324 - Image 38

207 Park Avenue, Dalton, MN 56324 - Image 39

207 Park Avenue, Dalton, MN 56324 - Image 40

207 Park Avenue, Dalton, MN 56324 - Image 41

207 Park Avenue, Dalton, MN 56324 - Image 42

207 Park Avenue, Dalton, MN 56324 - Image 43

207 Park Avenue, Dalton, MN 56324 - Image 44

207 Park Avenue, Dalton, MN 56324 - Image 45

207 Park Avenue, Dalton, MN 56324 - Image 46

207 Park Avenue, Dalton, MN 56324 - Image 47

Studio

Commercial Property for sale in Dalton, MN

for $470,000. This 7,104 square foot building was built in 1976 on a lot size of 0.62.

GREAT INVESTMENT OPPORTUNITY! Eight-plex apartment building on a private, corner lot in Dalton with seven 2 bedroom apartments and one 1 bedroom apartment. Shared laundry. Property features off-street parking, low maintenance siding, newer windows, newer AC units, updated flooring in 5 units, each unit has separate electric meter, newer propane water heater, newer lighting and entrance doors, and newer sidewalk and parking lot pavement.

Commercial Active

Price

^$ 470,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,170

Style

Apartment

Lot Size

0.62

Year Built

1976

Town/City

Dalton

County/Region

Otter Tail

MLS | Web ID

6425842

Features

General

Sewer City Sewer/Connected

Heating Baseboard

Cooling Window Unit(s)

Utilities Electric Separate Heating Separate

Roof Asphalt

Garage Spaces 0

Construction Materials Brick/Stone Steel Siding Vinyl Siding

Year Built 1976

Tenant Pays Cable TV Electricity

Levels Two

Property SubType Apartment

Tax Year 2023

Current Use Residential

Gross Income 54000

Accessibility None

County Otter Tail

Net Operating Income 33206

Insurance Expense 3500

Property Type Commercial Sale

Association Amenities Coin-op Laundry Owned

Contingency Sale of Another Property

Directions Go east on Main Street in Dalton turn north onto Park Avenue and property is at the end of the road on left(west) side of road.

City Dalton

Buyer Agent Compensation 2.50

High School District Fergus Falls

Zoning Description Residential-Multi-Family

Total Units 8

Street Name Park

Land Lease Y/N N

Tax Annual Amount 5170

Electric Expense 960

Fuel Expense 1020

Trash Expense 1872

Water Sewer Expense 5760

Additional Parcels Y/N N

Days on Market 246

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block

Basement (Y/N) Y

Street Suffix Avenue

Foundation Dimensions 74 x 48

Fuel Electric Propane

Exterior

Parking Features Parking Lot

Lot Features Corner Lot

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.62

Building Area Total 7104

Lot Dimensions 180 x 150

Lot Size Units Acres

Foundation Area 3552

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 207

* Excluded Features

List By

Trilogy Real Estate

Broker

lynbjorgaardrealtor@gmail.com

Affordability Calculator

$3,714

Per Month

Monthly Principal & Interest: $3,283
Monthly Property Taxes: $431
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Dalton, MN

Average List Price ^$885,000

Percent of Sale Price 88%

About Dalton, MN

203 Population

0% Since 2002

^$64,900 Median Income

51.02 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048809 Elementary School

3048349 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
11/20/2023	$470,000	-1.05%	Price Down
9/25/2023	$475,000	-1.55%	Price Down
8/30/2023	$482,500		Listed Price

Map

More homes like this one

homes for you

See all

207 Park Avenue, Dalton, MN, 56324 is a Commercial Property for sale at $470,000 with 7,104 sqft and a lot size of 0.62. 207 Park Avenue is a studio with 0.0 baths and was built in 1976. The property's zip code is 56324 which is in Dalton, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/2/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

207 Park Avenue

Commercial Property for sale in Dalton, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home