110 3rd Avenue N, Biwabik, MN

$160,000

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5

Beds

4

Baths

2,200

Square feet

0.14

Acres

About 110 3rd Avenue N

Whether you want to increase your portfolio or have a live-in house hack. This property is perfect for your next cash-flowing investment. Currently used as a long-term rental but can be used as a short-term rental, this four-unit property has a mix of 2 two-bedrooms (both leased currently $1000 and $900/month), a one-bedroom ($835/month vacant), and one efficiency apartments ($750/month vacant). Current tenants are on month-to-month or soon-to-be-expiring leases. Three new water heaters in the last three years. The furnace has also been updated to natural gas. The electrical service has been updated to all breakers and potential laundry room wiring has been run already. Metal roof and blown-in insulation in the attic make this fairly easy to heat. All the utilities and heat are included in the tenants' rent.

Features of 110 3rd Avenue N

MLS® # 7143364
Price $160,000
Bedrooms 5
Bathrooms 4.00
Square Footage 2,200
Acres 0.14
Year Built 1920
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 110 3rd Avenue N
Subdivision Biwabik
City Biwabik
County St. Louis
State MN
Zip Code 55708

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Space Heater
Fireplace No

Exterior

Exterior Features Vinyl
Roof Metal
Construction Post and Beam

School Information

District Mesabi East

Additional Information

Days on Market 10
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeGRAND PROPERTIES REAL ESTATE

Listing Map

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