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1220 N Front Street

Crookston, MN 56716
  • $525,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 25-281
$525,000
  • 1
    BEDS
  • 66000
    ACRES
  • 15
    BATHS
  • 0
    1/2 BATHS
  • 5,184
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investment Opportunity in Crookston, MN!Park Apartments - a 15-unit multifamily complex offering strong occupancy and significant value-add potential. Currently 93.3% occupied, with rents well below market - providing an excellent opportunity for immediate income growth.$28.9K+ in targeted renovations have been completed across select units in past 24 months. Boiler replaced in 2021.

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© 2025 Grand Forks Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Crary Real Estate. Data last updated: 2025-04-18T23:37:37.977.
www.timbrealtor.com/homes/161421605
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1220 N Front Street Crookston, MN 56716

  • Price: $525,000
  • Status: Active
  • On Site: 35 Days
  • MLS #: 25-281
1
Beds
15
Baths
0
½ Baths
66000
Acres
5,184
SQFT
$101
$/SQFT
1950
Built
Neighborhood:
Small Town Mn
County:
Polk
Area:
Small Town Mn
Elementary School:
Crookston
Middle School:
Crookston
High School:
Crookston
Property Description
Investment Opportunity in Crookston, MN!Park Apartments - a 15-unit multifamily complex offering strong occupancy and significant value-add potential. Currently 93.3% occupied, with rents well below market - providing an excellent opportunity for immediate income growth.$28.9K+ in targeted renovations have been completed across select units in past 24 months. Boiler replaced in 2021.
Exterior Features

Garage Type None Lot Size 220x300 Off Street Parking Ample Style 1+ Story

Interior Features

Dryers 1 Heat GH2O Laundry Common Area Ranges 15 Refrigerators 15 Sq Ft Above Ground 2592.00 Sq Ft Below Ground 2592.00 Washers 1

Property Features

Book Section Multi Family Electricity Expense $2253 Flood Plain Contact Lender Heat Expense $4473 Insurance Expense 2439.85 Laundry Income $1108 Management Expenses $7126 Scheduled Rent Income $5735 Specials Amount 0 Specials Unpaid 0 Tax And Specials Expense $7436.00 Tax Year 2024 Taxes 7436.00 Total Tax And Specials $7436 Vacancy Percent 6.7% Water Sewer Expense $5398 Waterfront No Zoning A-1 Limited Development

Listing provided courtesy of TruHome Realty: (701) 885-7770.


© 2025 Grand Forks Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Crary Real Estate. Data last updated: 2025-04-18T23:37:37.977.
 
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Crary Real Estate
4551 S Washington
Grand Forks ND, 58201