1220 NW 3rd AVE Contingent

Grand Rapids,MN 55744

$ 630000

- Bed

- Bath

3536 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,536 sqft

Price per Sqft $178

Subdivision Kearneys 1St Add To Gr

MLS Listing ID 6550879

Year Built 1985

Annual Tax Amount $6,684

Tax Year 2024

Contingent Inspection

Lot Size 1.140 Acres

Acres 1.14

Lot Dimensions Irregular

Property Description

Unique, multi-family, lakeshore property in the heart of Grand Rapids! This triplex sits on 1+ acres of beautifully manicured grounds including a creek and 318ft of frontage on Crystal (Ice) Lake. Units 1 & 3 feature private decks overlooking the lake, while Unit 2 has a walk-out, covered patio. Units 1 & 2 have 2 bedrooms and 1 full bath each and share a 2-stall, divided garage. The larger, split-level Unit 3 has 3 bedrooms and 2 full baths with an oversized 2-stall garage. All units are currently rented to tenants who hope to stay with new ownership. This beautiful property includes a dock, walking bridge over the creek, and ample guest parking. The location cannot be beat, across the street from Yanmar Ice Arena, 1/2 mile from the Mesabi biking trailhead, near numerous parks/recreation areas, and across the lake from the Itasca County fairgrounds. Enjoy the many year-round festivals and events Grand Rapids has to offer. Don't miss this one-of-a-kind investment opportunity in a prime Northwoods location!

Location

State MN

County Itasca

Zoning Residential-Multi-Family

Body of Water Ice

Rooms

Basement Egress Window(s),Finished,Full,Walkout

Interior

Heating Baseboard

Fireplace No

Exterior

Garage Detached,Gravel,Asphalt,Shared Driveway,Garage Door Opener,Multiple Garages,Storage

Garage Spaces 4.0

Fence None

Waterfront true

Waterfront Description Creek/Stream,Dock,Lake Front,Lake View

View East,Lake

Roof Type Age 8 Years or Less,Architectural Shingle

Road Frontage No

Building

Lot Description Accessible Shoreline,Tree Coverage - Medium

Story Two

Foundation 1714

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Fiber Cement,Fiber Board

New Construction false

Schools

School District Grand Rapids

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