For Sale

Listed by Joseph Tome from GRAND PROPERTIES REAL ESTATE

Source: Regional MLS of Minnesota #7143364

110 3rd Ave N, Biwabik, MN, 55708

$160,000

5
4
3300 sq. ft.
0.14 ac.

Duplex

•

30+ days on the market

What's around 110 3rd Ave N

About this property

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.

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