1220 Northwest 3rd Avenue

Grand Rapids, MN 55744

$630,000
Price
—
Beds
3,536 Sq. Ft.
$178 / Sq. Ft.
3,536
Sq. Ft.
$178
per Sq. Ft.

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...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!
  1. Listed by Coldwell Banker Realty • Susie Williamson

Property Details for 1220 Northwest 3rd Avenue

Subdivision Name
Kearneys 1st Add To Gr
View
East, Lake
Waterfront Features
Creek/Stream, Dock, Lake Front, Lake View
Waterfront YN
Yes
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 10/29/2024 05:03 AM

Property Details for 1220 Northwest 3rd Avenue

StatusActive
MLS #6550879
Days on Compass137
Taxes$6,684 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1985
Lot Size1.14 AC / 49,658 SF
CountyItasca County

Building Information for 1220 Northwest 3rd Avenue

Stories-Residences3Year Built1985Building Size-Lot Size1.14 AC / 49,658 SF

Property Information for 1220 Northwest 3rd Avenue

Summary
Location and General Information
  • City Name: Grand Rapids
  • County Or Parish: Itasca
  • County: Itasca-MN
  • Directions: From the SE: NW on Hwy 2/6th Ave NE. Left on NE 4th St. Right on NW 3rd Ave. 3/4 mile to property. From the S: N on Pokegama Ave/Hwy 169. Left on NW 4th St. Right on NW 3rd Ave. 3/4 mile to property.
  • Latitude: 47.246621
  • Longitude: -93.532282
  • Nbr of Acres: 38
  • Lake Bottom: Hard, Reeds, Sand
  • Lake Chain: N
  • Lake Name: Recreational Development
  • PLAT: 53
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Grand Rapids
  • City and Location Text: Grand Rapids(MN)
  • Postal Code: 55744
  • State Or Province: MN
  • Public Survey Township: 55
  • Waterfront Property YN: No
  • Topography: Level,Walkout
  • Complex Name: Ice
  • Waterfront Footage: 31037200
  • Waterfront Descrip: 0-4
  • Waterfront Frontage: 318
  • Waterfront Desc: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 915850210
  • Tax Annual Amount: $6,684.00
  • Tax Legal Description: KEARNEYS 1ST ADD. TO GR LOT 1 BLK 2
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 6684.0000
School Information
  • High School District: 318 - Grand Rapids
  • School District Number: 318
  • School District Phone: 218-327-5704
Property
Lot Information
  • Above Grade Fin SQFT: 1822.0
  • Below Grade Fin SQFT: 1714.0
  • SQFT Total: 3536.0
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Lot Size Area: 1.14
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • SQFT Main Total: 1822.0000
  • Building Area Total: 3536.0
  • Above Grade SqFt Total: 1822.0000
  • Below Grade SqFt Total: 1714.0000
Property and Assessments
  • Age Of Property: 39
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Dock, Patio
  • Fencing: None
  • Foundation Area: 1714.0
  • Fuel: Electric
  • Road Frontage Type: City Street, Paved Streets, Sidewalks, Unpaved Streets
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Architectural Shingle
  • Patio Porch Type: Covered,Deck,Patio
Interior Features
  • Basement Type: Egress Window(s), Finished, Full, Walkout
  • DP Resource: N
  • Garage Square Feet: 1148
  • Heating: Baseboard
  • Levels: Two
  • Number of Refrigerator: One Per Unit
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Ceiling Fan(s),Deck,Dock,Main Floor Primary Bedroom
  • Unit Appl: Dishwasher,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 65.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Room Spec: All Living Fac. on One Level
  • Unit Rooms Total: 5
  • Unit SqFt: 896
  • Unit Type Actual Rent: $1,225.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 23x13
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 17x12
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 12x12
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 11x12
  • Bedroom 4 Room Level: Main (Ground)
  • Kitchen Room Dimensions: 10x12
  • Kitchen Room Level: Main (Ground)
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 14700
  • Unit Furnished: No
Unit 2
  • Unit Amenities: Dock,Main Floor Primary Bedroom,Patio
  • Unit Appl: Dishwasher,Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Fireplace Num: 0
  • Unit Parking: 1
  • Unit Room Spec: All Living Fac. on One Level
  • Unit Rooms Total: 5
  • Unit SqFt: 879
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 13x18
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 12x17
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 12x12
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 12x11
  • Bedroom 4 Room Level: Main (Ground)
  • Unit Level: Below Ground
  • Unit Type Total Rent: 17400
  • Unit Furnished: No
Unit 3
  • Unit Amenities: Deck,Dock,Main Floor Primary Bedroom
  • Unit Appl: Dishwasher,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 2
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 239.00
  • Unit Fireplace Num: 0
  • Unit Parking: 2
  • Unit Rooms Total: 9
  • Unit SqFt: 1702
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 16x14
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Dimensions: 10x11
  • Bedroom 2 Room Level: Upper
  • Bedroom 3 Room Dimensions: 12x8
  • Bedroom 3 Room Level: Upper
  • Bedroom 4 Room Dimensions: 12x14
  • Bedroom 4 Room Level: Upper
  • Dining Room Dimensions: 14x13
  • Dining Room Level: Lower
  • Extra Room 1 Description: Deck
  • Extra Room 1 Dimensions: 24x12
  • Extra Room 1 Level: Upper
  • Family Room Dimensions: 16x25
  • Family Room Features: Family Room
  • Family Room Level: Lower
  • Kitchen Room Dimensions: 10x12
  • Kitchen Room Level: Upper
  • Licing Room Dimensions: 14x12
  • Living Room Level: Lower
  • Unit Level: Multi-Level
  • Unit Type Total Rent: 21600
  • Unit Furnished: No

Property History for 1220 Northwest 3rd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1220 Northwest 3rd Avenue

Taxable ValueLand$111,100Additions$406,300Total$517,400
Tax Record2024$6,684 ($557 / month)
Home Facts
Beds0Total Finished SqFt3,952 SqFtAbove Grade Finished SqFt1,976 SqFtFinished Basement SqFt1,976 SqFtStories1Lot Size49,658 SqFtStyleSingle Family ResidenceYear Built1985CountyITASCAAPN91-585-0210

Schools near 1220 Northwest 3rd Avenue

This home is within Grand Rapids Public School District.
Rating
School
Type
Grades
Distance
Forest Lake Elementary School
Public - K to 4
Robert J. Elkington Middle School
Public - 6 to 8
Grand Rapids Senior High School
Public - 9 to 12
Grand Rapids Area Learning Center
Public - 8 to 12
Rating
School
Distance
Forest Lake Elementary School
PublicK to 4

Robert J. Elkington Middle School
Public6 to 8

Grand Rapids Senior High School
Public9 to 12

Grand Rapids Area Learning Center
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1220 Northwest 3rd Avenue, Grand Rapids, MN 55744

1220 Northwest 3rd Avenue is a multi-family home for sale in Grand Rapids, MN 55744. This property was listed for sale on June 12, 2024 by Coldwell Banker Realty, it's currently listed at $630,000. This listing's school district is Grand Rapids Public School District. Nearby schools include Forest Lake Elementary School, Robert J. Elkington Middle School and Grand Rapids Senior High School. 1220 Northwest 3rd Avenue is a 0-bed, 0-bath, 3,536 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/29/2024 05:03 AM