429 S 4th Avenue E, Ely, MN 55731

$256,000
7
BD
4
BA
2,600
SqFt

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List Price
$256,000
Status
ACTIVE
Days on Market
88
MLS#
7064870
Subtype
Residential Income
Style
(MF) Triplex
Year Built
1900
Bedrooms
7
Bathrooms
4
Living Area
2,600
Acres
0.22
Subdivision
Whites Add To Ely

Property Description

A piece of history set back on 3 city lots on the corner of 4th Avenue and James Street. This Triplex has been loved and cared for for over 30 years. The main floor has a 3 bedroom apartment and an efficiency apartment each with their own off street parking spots, kitchens, bathrooms, and access to the basement for separate laundry areas. The upstairs is a 4+ bedroom with in unit laundry and a huge attic space that could be storage or it has the potential to be 2 extra bedrooms and has amazing views. The yard is huge with a beautiful stone retaining wall on the south side, a big garden, blister-rust resistant white pines and a beautiful sugar maple tree. This property is easily customizable to combine the entire 1st level or add a bedroom to the efficiency. Grab yourself a piece of history and a rare cash flowing rental property in the amazing town of Ely!

Additional Information

Taxes
$3,902
Property Description
(MF) Triplex
Zoning
Residential-Multi-Family
Heating
Boiler, Radiator
Stories
More Than 2 Stories
Levels
More Than 2 Stories
Roof
Age 8 Years or Less, Asphalt
Garage Spaces
1
School District
Ely

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Listing courtesy of GRAND PROPERTIES REAL ESTATE.

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