101 1st Avenue Northwest

Aldrich, MN 56434

$174,900
Price
Beds
Baths
1,764 Sq. Ft.
$99 / Sq. Ft.
1,764
Sq. Ft.
$99
per Sq. Ft.

Description

A unique investment opportunity on Partridge River in Aldrich. Originally a popular restaurant, this property has been transformed into a thriving apartment complex featuring three occupied rental units, providing immediate income potential. Additionally, there is room to expand with two more units, offering significant growth opportunities. The property also includes three spacious attached garages, ideal for storage or additional rental options. This location offers peace and privacy, while still...A unique investment opportunity on Partridge River in Aldrich. Originally a popular restaurant, this property has been transformed into a thriving apartment complex featuring three occupied rental units, providing immediate income potential. Additionally, there is room to expand with two more units, offering significant growth opportunities. The property also includes three spacious attached garages, ideal for storage or additional rental options. This location offers peace and privacy, while still being conveniently situated near local amenities. Whether you're an investor looking to expand your portfolio or someone with a vision for a mixed-use space, this one-of-a-kind property has the versatility to meet your needs. Don’t miss out!

Property Details for 101 1st Avenue Northwest

View
River, West
Waterfront Features
River Front
Waterfront YN
Yes
LISTING UPDATED: 02/13/2025 11:47 AM

Property Details for 101 1st Avenue Northwest

StatusActive
MLS #6638557
Days on Compass83
Taxes$1,392 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential Income / Other
Year Built1940
Lot Size3.74 AC / 162,914 SF
CountyWadena County

Building Information for 101 1st Avenue Northwest

Stories-Residences3Year Built1940Lot Size3.74 AC / 162,914 SF

Property Information for 101 1st Avenue Northwest

Summary
Location and General Information
  • City Name: Aldrich
  • County Or Parish: Wadena
  • County: Wadena-MN
  • Directions: West on Hwy 210 to Hwy 10 W to right on 1st Ave. Property on the left. See sign.
  • Latitude: 46.375484
  • Longitude: -94.93966
  • Nbr of Acres: 0
  • Lake Chain: N
  • Lake Name: Not Applicable
  • PLAT: 0
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Aldrich
  • City and Location Text: Aldrich(MN)
  • Postal Code: 56434
  • State Or Province: MN
  • Waterfront Property YN: No
  • Complex Name: Partridge River
  • Waterfront Footage: S9990946
  • Waterfront Frontage: 390
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 163100020
  • Tax Annual Amount: $1,392.00
  • Tax Legal Description: ALL TH PT LOT 2 WHICH LIES ETLY OF PARTRIDGE RIVER EX
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 1392.0000
School Information
  • High School District: 2170 - Staples-Motley
  • School District Number: 2170
  • School District Phone: 218-894-2430
Property
Lot Information
  • Above Grade Fin SQFT: 1764.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1764.0
  • Lot Size Area: 3.74
  • Lot Size Dimensions: 390x492x400x245
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Other
  • Property Type: Residential Income
  • SQFT Main Total: 1764.0000
  • Building Area Total: 1764.0
  • Above Grade SqFt Total: 1764.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 85
Utilities
  • Sewer: Tank with Drainage Field
  • Water Source: Submersible - 4 Inch, Drilled, Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Foundation Area: 8195.0
  • Fuel: Propane
Interior Features
  • Basement Type: Other
  • DP Resource: Y
  • Garage Square Feet: 1676
  • Heating: Forced Air
  • Levels: One
  • Number of Refrigerator: Three
  • Basement YN: No
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 1.00
  • Unit Rooms Total: 4
  • Unit SqFt: 21
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 8400
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 1.00
  • Unit Rooms Total: 4
  • Unit SqFt: 1120
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 8400
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 1.00
  • Unit Rooms Total: 3
  • Unit SqFt: 788
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 8400

Property History for 101 1st Avenue Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 1st Avenue Northwest

Taxable ValueLand$11,200Additions$73,700Total$84,900
Tax Record2023$1,406 ($117 / month)
Home Facts
Total Finished SqFt4,524 SqFtAbove Grade Finished SqFt4,524 SqFtLot Size93,654 SqFtStyleMulti-Family Res (5+ Units)Year Built2004CountyWADENAAPN16-310-0020

Schools near 101 1st Avenue Northwest

This home is within Staples-Motley School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Staples Elementary School
PublicPK to 4

Motley-Staples Middle School
Public5 to 8

Staples-Motley Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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101 1st Avenue Northwest is for sale in Aldrich, MN 56434. This property was listed for sale on December 9, 2024 by LPT Realty, LLC, it's currently listed at $174,900. This listing's school district is Staples-Motley School District. Nearby schools include Staples Elementary School, Motley-Staples Middle School and Staples-Motley Senior High School. 101 1st Avenue Northwest is a 0-bed, 0-bath, 1,764 sqft built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LPT Realty, LLC

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 02/13/2025 11:47 AM