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!
Active
Price cut: $10K (3/17)
$164,900
101 1st Ave NW, Aldrich, MN 56434
5beds
3baths
1,764sqft
Est.:
Other
Built in 1940
-- sqft lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
- 137 days
- on Zillow |
- 599 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: March 28, 2025 at 01:03pm
Listed by:
Shanna Perez-Davis 218-820-4426,
LPT Realty, LLC,
Breanne McCafferty 303-947-0501
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6638557

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Other
Interior area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
- Finished area above ground: 1,764
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Attached, Asphalt
- Attached garage spaces: 3
- Carport spaces: 3
Accessibility
- Accessibility features: No Stairs External, No Stairs Internal
Features
- Levels: One
- Has view: Yes
- View description: River, West
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, Waterfront Num(S9990946)
- Body of water: Partridge River
- Frontage length: Water Frontage: 390
Lot
- Size: 3.01 Acres
- Dimensions: 390 x 492 x 400 x 245
Details
- Foundation area: 8195
- Parcel number: 163100020
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Materials
- Steel Siding, Wood Siding
Condition
- Age of Property: 85
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: Propane
- Sewer: Tank with Drainage Field
- Water: Submersible - 4 Inch, Drilled, Well
Community & HOA
Location
- Region: Aldrich
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $111,600
- Annual tax amount: $1,392
- Date on market: 12/9/2024
- Tenant pays: Fuel, Trash Collection
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