110 3rd Ave N

Biwabik MN 55708

3300 sq. ft.

0.14 ac.

Duplex

Currently for sale - view listing

Overview

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

5 bedrooms

4 bathrooms

3300 sq. ft. floor area

0.14 ac. lot size

Duplex

Property history for 110 3rd Ave N

2022

Sold

$139,900

15 Mar 2022 by Matt Rengstorf, of PERRELLA & ASSOCIATES

2019

Sold

$37,000

08 Apr 2019

Happy sellers in Biwabik

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