110 3rd Avenue N, Biwabik, MN 55708
- $160,000
- 5
- BD
- 4
- BA
- 2,200
- SqFt
- List Price
- $160,000
- MLS#
- 7143364
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,200
- Acres
- 0.14
- Subdivision
- Biwabik
- Year Built
- 1920
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.
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Additional Information
- School District
- Mesabi East
- Tax Year
- 2026
- Fuel
- Electric, Natural Gas
- Sewer
- City Sewer/Connected
- Roof
- Metal
- Heating
- Forced Air, Space Heater
- Water
- City Water/Connected
- Basement
- Full
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Listing courtesy of GRAND PROPERTIES REAL ESTATE.
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