219 3rd Avenue, Bovey, MN 55709

$190,000
4
BD
2
BA
1,620
SqFt

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List Price
$190,000
Status
ACTIVE
Days on Market
23
MLS#
7130322
Subtype
Residential Income
Style
(MF) Duplex Up and Down
Year Built
1989
Bedrooms
4
Bathrooms
2
Living Area
1,620
Acres
0.27
Subdivision
Bovey

Property Description

Whether you're owner-occupying or buying an investment property, this is a unique opportunity that only comes around once in a while. This cash-flowing duplex is set on three city lots and has a massive three-stall garage for storage or more income potential! There are two units: Upstairs is a two-bedroom, one-bath with a big kitchen and a shared living room/dining area. The main floor is two-bedroom with a full bath and an eat-in kitchen. Currently the rents are $950 (up) and $1,000 (main), which is well under market rent for this area, especially when you consider that the solar panels supplement the majority of electricity the tenants use. The owner pays a flat $180 for sewer and water and the tenants pay the rest. There is an extra bathroom and kitchen area in the basement as well.

Additional Information

Taxes
$1,524
Property Description
(MF) Duplex Up and Down
Zoning
Residential-Multi-Family
Heating
Baseboard, Forced Air
Stories
Two
Levels
Two
Roof
Age Over 8 Years, Asphalt
Garage Spaces
3
School District
Greenway

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Calculator source: Real Geeks

Listing courtesy of GRAND PROPERTIES REAL ESTATE.

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