Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI

110 3rd Avenue N, Biwabik, MN 55708

$160,000
SQUARE FEET 3,300
MLS# 7143364
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Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI

Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI
Call: (612) 581-9002

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Biwabik
SCHOOL: Mesabi East
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Property Description

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.

110 3rd Avenue N | MLS# 7143364

This multi-family property located at 110 3rd Avenue N, Biwabik, MN 55708 is currently listed for sale with an asking price of $160,000. 3rd Avenue N is located within the Mesabi East school district. Search Biwabik real estate on sdrury.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Heating: Forced Air, Space Heater
Lot Size: 0.14 Acres
Roof Type: Metal
Taxes: $3,148
Year Built: 1920

Feature Descriptions

Days on Site: 4
Exterior: Post and Beam
Foundation Size: 1100
Lot Dimensions: 50x125
Owners Expense: All Utilities
Parcel#: 015001001170
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Snow Removal
Units: 4
Water: City Water/Connected

Local Schools

School District: Mesabi East

Listed By / Shown By

Listed By

Agency Name: GRAND PROPERTIES REAL ESTATE
Agency Phone: 218-326-4477

Shown By

Agent Name: Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI
Agent Phone: (612) 581-9002
Agency Title: Counselor Realty

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$ 1,160.59 per month $851.59 Principal & Interest $262.33 Property Tax $46.67 Homeowner's Insurance

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