110 3rd Avenue N, Biwabik, MN
$160,000
5
Beds
4
Baths
3,300
Square feet
0.14
Acres
About 110 3rd Avenue N
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 of 110 3rd Avenue N
| MLS® # | 7143364 |
|---|---|
| Price | $160,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 3,300 |
| Finished SQFT | 2,200 |
| Acres | 0.14 |
| Year Built | 1920 |
| Type | Single Family |
| Sub-Type | Fourplex |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 110 3rd Avenue N |
|---|---|
| Subdivision | Biwabik |
| City | Biwabik |
| County | St. Louis |
| State | MN |
| Zip Code | 55708 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Space Heater |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior Features | Vinyl |
|---|---|
| Roof | Metal |
| Construction | Post and Beam |
School Information
| District | Mesabi East |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $3,148 |
| Tax Year | 2026 |
| Office | GRAND PROPERTIES REAL ESTATE |
Listing Details
| Office | GRAND PROPERTIES REAL ESTATE |
|---|