$308,500
    601 & 603 Main Street
    Oklee, MN 56742
    MLS# 6674933
    8 beds  |  8 baths
    601 & 603 Main Street, Oklee, MN 56742
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    601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742 601 & 603 Main Street, Oklee, MN 56742

    Property Description
    Here it is - your next investment! Two buildings, each housing 4 one-bedroom units. New siding, windows, and shingles in 2015. These well-maintained units are currently tenant occupied making this a great property for your portfolio. Call today to schedule your showing!

    Details
    Maps
    Contract Information
    Status: Active
    Current Price: $308,500
    Contingency: None
    ListPrice: 308500
    List Date: 2025-02-24
    Owner is an Agent?: No
    Auction?: No
    General Property Information
    Lot Measurement: Acres
    Multiple PIDs?: No
    Other Parking Spaces: 8
    Owner Occupied: No
    Year Built: 1977
    Yearly/Seasonal: Yearly
    Zoning: Residential-Multi-Family
    Bedrooms: 8
    Baths Total: 8
    Foundation Size: 2928
    For Sale or Lease: For Sale
    Acres: 0.68
    Lot Dimensions: 200x150
    Location Tax and Other Information
    House Number: 601 & 603
    Street Name: Main
    Street Suffix: Street
    Postal City: Oklee
    County: Red Lake
    State: MN
    Zip Code: 56742
    Complex/Dev/Subdivision: Okl-Golf Course Add
    Assessments
    Tax With Assessments: 4652
    Basement
    Foundation Dimensions: 48x54,12x28
    Building Information
    Building Finished SqFt: 6000
    Building SqFt: 2928
    Income and Expenses
    Annual Gross Income: 55200
    Annual Insurance Expense: 3000
    Annual Maintenance Expense: 3000
    Lease Details
    Land Leased: Not Applicable
    Miscellaneous Information
    Homestead: No
    Ownership
    Fractional Ownership: No
    Sale Options
    Sale Includes: Building, Land
    Unit 1
    Unit Number: 1
    Monthly Rent: 575
    Full Baths: 1
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Level: Main Level
    Unit Total SqFt: 650
    Leased?: Yes
    Lease Expiration Date: 2025-01-01
    No. of 1 Bedroom Units: 8
    Unit 2
    Full Baths: 1
    Lease Expiration Date: 2025-01-01
    Leased?: Yes
    Level: Main Level
    Monthly Rent: 575
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Unit Number: 2
    Unit Total SqFt: 650
    Unit 3
    No. of 3 Bedroom Units: 1
    Full Baths: 1
    Lease Expiration Date: 2025-01-01
    Leased?: Yes
    Level: Main Level
    Monthly Rent: 575
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Unit Number: 3
    Unit Total SqFt: 650
    Unit 4
    Full Baths: 1
    Lease Expiration Date: 2025-01-01
    Leased?: Yes
    Level: Main Level
    Monthly Rent: 575
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Unit Number: 4
    Unit Total SqFt: 650
    Unit 5
    Full Baths: 1
    Lease Expiration Date: 2025-01-01
    Leased?: Yes
    Level: Main Level
    Monthly Rent: 575
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Unit Number: 5
    Unit Total SqFt: 650
    Unit 6
    Full Baths: 1
    Lease Expiration Date: 2025-01-01
    Leased?: Yes
    Level: Main Level
    Monthly Rent: 575
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Unit Number: 6
    Unit Total SqFt: 650
    Unit 7
    Full Baths: 1
    Lease Expiration Date: 2025-01-01
    Leased?: Yes
    Level: Main Level
    Monthly Rent: 575
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Unit Number: 7
    Unit Total SqFt: 650
    Unit 8
    Full Baths: 1
    Lease Expiration Date: 2025-01-01
    Leased?: Yes
    Level: Main Level
    Monthly Rent: 575
    Total Bathrooms: 1
    Total Bedrooms: 1
    Total Rooms: 5
    Unit Number: 8
    Unit Total SqFt: 650
    Unit Details
    Total Units: 8
    Property Features
    Accessible: No Stairs Internal
    Air Conditioning: Wall
    Appliances: Range; Refrigerator
    Assumable Loan: Not Assumable
    Basement: None
    CMU Style: Apartments/Multi Family; Single Occupancy
    Construction Materials: Frame; Other
    Construction Status: Previously Owned
    Current Use: Residential
    Existing Financing: Conventional
    Exterior: Vinyl
    Fencing: None
    Flooring: Carpet; Vinyl/Linoleum
    Fuel: Electric; Propane
    Heating: Baseboard; Forced Air
    Internet Options: Cable; Fiber Optic
    Loan Terms: Cash; Conventional
    Lock Box Type: None
    On Site Utilities: Electric Common; Heating Common; Hot Water Common
    Owner Pays: All Utilities; Electricity; Gas; Grounds Care; Heat; Sewer; Water
    Parking Characteristics: Parking Lot; Assigned; Uncovered/Open
    Rent Rate per Foot: Per Month
    Road Frontage: City Street
    Road Responsibility: Public Maintained Road
    Roof: Asphalt Shingles
    Sewer: City Sewer/Connected
    Stories: One
    Tenant Pays: Cable TV; Telephone
    Topography: Level
    Wall Description: Drywall; Finished
    Water: City Water/Connected

    Listing Office: Nordin Realty Inc.

    Last Updated: April - 16 - 2025

    601 & 603 Main Street, Oklee, MN 56742 - MLS# 6674933

    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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