1220 NW 3rd Avenue Grand Rapids, MN 55744

$630,000
Active
estimated monthly payment
3,536 Sq Ft  |  Triplex  |  MLS # 6550879
  • Welcome to 1220 NW 3rd Ave!
    Welcome to 1220 NW 3rd Ave!
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About The Listing

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. Currently rented 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. 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!


Listing courtesy of Susie Williamson, Coldwell Banker Realty
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1985
MLS #: 6550879
Square Feet: 3,536
Price Per Square Foot: $178
Garage Spaces: 4
Parking Description: Detached, Gravel, Asphalt, Shared Driveway, Garage Door Opener, Multiple Garages, Storage
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Baseboard
Basement: Egress Window(s), Finished, Full, Walkout
Construction Description: Fiber Cement, Fiber Board
Roof Description: Age 8 Years or Less, Architecural Shingle
Days On Market (Continuous): 77
Disability Features: None
Latest Update: 08/30/2024
List Date: 06/14/2024
Listing Agent ID: 506017736
Listing Office: Coldwell Banker Realty
Listing Office ID: 8237
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Fence: None
Lot Size: 1.14 Acres
Lot Features: Accessible Shoreline, Tree Coverage - Medium
View Description: East, Lake
Waterfront: Creek/Stream, Dock, Lake Front, Lake View
School District: Grand Rapids
Tax Year: 2024
Estimated Taxes: $6,684
Contingency Type: None
City: Grand Rapids
Zip: 55744
County: Itasca
Subdivision: Kearneys 1st Add To Gr
State: MN

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Listing last updated: 08/30/24

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