Vergas, MN 56587,31026 Co Hwy 4 #8
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Vergas, MN 56587,31026 Co Hwy 4 #8
Vergas, MN 56587,31026 Co Hwy 4 #8
Vergas, MN 56587,31026 Co Hwy 4 #8
Vergas, MN 56587,31026 Co Hwy 4 #8

$115,000

Est. payment /mo

$127,000

9.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

31026 Co Hwy 4 #8 Vergas, MN 56587

1 SqFt

SOLD DATE : 10/08/2021

Key Details

Sold Price $115,000

Property Type Single Family Home

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $115,000

MLS Listing ID 6072502

Sold Date 10/08/21

HOA Fees $125/ann

Year Built 1940

Annual Tax Amount $1,115

Tax Year 2021

Contingent None

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 870 sq ft

Property Description

Loon Lake- Looking for the perfect investment property to work on over the winter, and sell in the spring? Or perhaps put your own touches on this blank canvas and keep it for yourself to enjoy! This twin home cabin sits on a newly formed CIC with 660 ft feet of shoreline, on Loon Lake near Vergas. At this point, buyer has the option of purchasing both units if they choose, and removing center wall to make a larger cabin. Both units have been stripped to the studs and are waiting to be completed. Once remodeling is complete, enjoy lake life without the work of mowing, snow removal or taking the dock in and out. Each unit comes with a shared dock and storage space. Septic lines and water lines have been dug under the frost line, so if remodeled to accommodate winter, these could be used year round. With only a $1500 per year HOA fee, these units will rise in value quickly.

Location

State MN

County Otter Tail

Zoning Residential-Single Family

Body of Water Loon

Rooms

Family Room Other

Basement Crawl Space

Interior

Heating None

Cooling None

Fireplace No

Appliance None

Exterior

Parking Features Open

Waterfront Description Lake Front

Road Frontage No

Building

Story One

Foundation 500

Sewer Shared Septic

Water Shared System

Level or Stories One

Structure Type Wood Siding

New Construction false

Schools

School District Perham-Dent

Others

HOA Fee Include Beach Access,Dock,Parking,Shared Amenities,Lawn Care,Water

Restrictions Other Covenants,Pets - Dogs Allowed,Pets - Number Limit

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Listed by Valerie Bushaw • eXp Realty
agent

Malee Vang

Advisor | License ID: 40352180

+1(651) 332-4569

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