1517 Patterson Loop
- 297 SF building
- 30 units
- Built in 1912
- Zoned B-3
- Historic tax credit eligible
- Designed by famous architect
- Steel and brick construction
- Potential for multi-family use
Property Description
Introducing a rare opportunity in Fergus Falls, MN: a historic 297 SF building, boasting 30 units, originally built in 1912. Zoned B-3 and eligible for historic tax credits, this property's potential is enhanced by a renowned architect's design and steel and brick construction. With the flexibility to be converted into multi-family use, this property offers a compelling investment opportunity for a savvy Multifamily / Mid-Rise investor seeking a distinctive and historically significant asset. Don't miss the chance to invest in this unique property with remarkable potential in the heart of Fergus Falls.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $600,000 |
| No. of Units: | 30 |
| Year Built: | 1912 |
| Lot Size: | 0.93 Acres |
| Opportunity Zone: | No |
| Price per unit: | $20,000 |
| Property Website | Click Here |
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