This 12-unit apartment complex in Phelps is now available. Located on Noseeum Lake, this complex was once part of The Northwoods Housing Association and is no longer needed as such. The interior is in very good condition and features a central lobby, furnace room, laundry room, & 12 one-bedroom apartments. Each unit features a living room, kitchen area, and all having an interior as well as exterior entrance. The apartments presently have a range & refrigerator, along with separate electric meter service. These would make EXCELLENT RENTALS, or even Long-term motel units. The Snowmobile trail is at the edge of property, and North Twin & downtown Phelps are just a block away. There is a paved, private parking lot and nearly an acre of land. The exterior is in good repair, however, a roof and soffit will need to be replaced. The property is priced for a quick sale at this affordable price and is being offered in "as is" condition with inspection rights (which shouldn't be too bad).
|Lot Size SqFt: 39204||Water Frontage (feet): 150|
|Lot Size Acres: 0.9||Shoreline: Other|
|Lake Chain: 0||Zoning:|
|Lake Name: Noseeum Lake||Access Road: Paved Road|
|River Name:||High School:|
|Lake Size-Acres: 13|