212 Northeast 3rd Avenue

Grand Rapids, MN 55744

$2,080,000
Price
Beds
14,098 Sq. Ft.
$148 / Sq. Ft.
14,098
Sq. Ft.
$148
per Sq. Ft.

Description

32 unit apartment building located in the heart of Grand Rapids, excellent predictable cash flow in growing community with high demand for apartments. Newer roof, newer furnace, updated windows. 17 1BR units, 11 efficiency units, 2 2BR units & 2 3BR units. On site laundry.32 unit apartment building located in the heart of Grand Rapids, excellent predictable cash flow in growing community with high demand for apartments. Newer roof, newer furnace, updated windows. 17 1BR units, 11 efficiency units, 2 2BR units & 2 3BR units. On site laundry.
  1. Listed by GRAND PROPERTIES REAL ESTATE

Property Details for 212 Northeast 3rd Avenue

Subdivision Name
Town Of Grand Rapids Minn
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 06/05/2024 09:02 PM

Property Details for 212 Northeast 3rd Avenue

StatusActive
MLS #6544007
Days on Compass40
Taxes$11,663 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1975
Lot Size0.46 AC / 20,037 SF
CountyItasca County

Building Information for 212 Northeast 3rd Avenue

Stories-Residences32Year Built1975Lot Size0.46 AC / 20,037 SF

Property Information for 212 Northeast 3rd Avenue

Summary
Location and General Information
  • City Name: Grand Rapids
  • County Or Parish: Itasca
  • County: Itasca-MN
  • Directions: Take NE 4th St to NE 3rd Ave. Turn right onto NE 3rd Ave. Destination on the left.
  • Latitude: 47.234127
  • Longitude: -93.52327
  • 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
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 914102210
  • Tax Annual Amount: $11,663.00
  • Tax Legal Description: TOWN OF GRAND RAPIDS MINN LOTS 1-5 & S 10' OF LOT 6 BLK 22
  • Tax Other Annual Assessment Amount: $225.00
  • Tax Year: 2024
  • Tax With Assessments: 11888.0000
School Information
  • High School District: 318 - Grand Rapids
  • School District Number: 318
  • School District Phone: 218-327-5704
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 0.46
  • Lot Size Dimensions: 150x135
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 14098.0
Property and Assessments
  • Age Of Property: 49
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Common, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 7127.0
  • Fuel: Natural Gas
  • Roof: Asphalt
Interior Features
  • Appliances: Dryer, Refrigerator, Washer
  • Basement Type: Full
  • Cooling: None
  • Heating: Boiler, Hot Water
  • Levels: Three Or More
  • Number of Refrigerator: One Per Unit
  • Basement YN: Yes

Property History for 212 Northeast 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 212 Northeast 3rd Avenue

Taxable ValueLand$70,900Additions$518,600Total$589,500
Tax Record2024$11,888 ($991 / month)
Home Facts
Lot Size20,038 SqFtStyleMulti-Family Res (5+ Units)CountyITASCAAPN91-410-2210

Schools near 212 Northeast 3rd Avenue

This home is within Grand Rapids Public School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 6 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Murphy Elementary School
PublicK to 4

Robert J. Elkington Middle School
Public6 to 8

Grand Rapids Senior High School
Public9 to 12

Middle Area Learning Center
Public5 to 8

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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212 Northeast 3rd Avenue is for sale in Grand Rapids, MN 55744. This property was listed for sale on May 29, 2024 by GRAND PROPERTIES REAL ESTATE, it's currently listed at $2,080,000. This listing's school district is Grand Rapids Public School District. Nearby schools include Murphy Elementary School, Robert J. Elkington Middle School and Grand Rapids Senior High School. 212 Northeast 3rd Avenue is a 0-bed, 0-bath, 14,098 sqft built in 1975.

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.

Listing Courtesy of GRAND PROPERTIES REAL ESTATE

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 06/05/2024 09:02 PM