Bigfork, MN 56628,305 Main AVE
Bigfork, MN 56628,305 Main AVE
Bigfork, MN 56628,305 Main AVE
18
$82,500
$85,000
2.9%
Est.Price: ?

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4 BD
3 BA
3,400 SqFt

305 Main AVE Bigfork, MN 56628

Est. payment /mo
SOLD DATE : 01/24/2025

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Key Details

Sold Price $82,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $24

Subdivision Fourth Add To Bigfork

MLS Listing ID 6599932

Sold Date 01/24/25

Style (MF) Triplex

Bedrooms 4

Year Built 1960

Annual Tax Amount $1,914

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60x92x62x109

Property Description

Check out this great opportunity to own a 3 unit apartment building in the heart of Bigfork, MN with frontage on the Bigfork River! There is a 1 bedroom apartment with a walk in closet and a full bath and a long term tenant. Next to this apartment is a commercial space currently rented out by the US Post Office with a long term lease through 2034. In the back is a big 3 bedroom unit with big living room windows overlooking the backyard, new appliances, new countertop, mostly newer windows, and a bathroom upgrade with laundry hookups, and a big back deck to relax on. The tenants do snow removal and lawn care and pay for their own electric. Landlord pays for heat, water, and sewer. This would be a great owner occupant situation for anyone! Other recent upgrades include new electrical service boxes in the post office and 1 bedroom apartment, new sump pump, new water heater, new doors on the apartments and lower level, and newly painted front of the building. Potential income with the 3 bedroom apartment rented out would be $28,004.04 a year with expenses being around $9,155 for a net income of $18,849!

Location

State MN

County Itasca

Community Fourth Add To Bigfork

Direction Follow hwy 38 to address. no sign on property.

Rooms

Basement Concrete Block

Interior

Heating Forced Air

Laundry In Unit

Exterior

Parking Features Driveway - Asphalt

Roof Type Metal

Accessibility No Stairs Internal

Porch Deck

Building

Water City Water/Connected

Architectural Style (MF) Triplex

Structure Type Brick

Others

Senior Community No

Tax ID 854400220

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by GRAND PROPERTIES REAL ESTATE

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agent

Adam Runde

Agent | License ID: 10735

+1(701) 799-0084

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