305 Main Avenue

Bigfork, MN 56628

$110,000
Price
—
Beds
3,400 Sq. Ft.
$32 / Sq. Ft.
3,400
Sq. Ft.
$32
per Sq. Ft.

Description

Check out this great opportunity to own a 3 unit apartment building in the heart of Bigfork, MN with frontage on the Bigfork River! There is a 1 bedroom apartment with a walk in closet and a full bath and a long term tenant. Next to this apartment is a commercial space currently rented out by the US Post Office with a long term lease through 2034. In the back is a big 3 bedroom unit with big living room windows overlooking the backyard, new appliances, new countertop, mostly newer windows, and a...Check out this great opportunity to own a 3 unit apartment building in the heart of Bigfork, MN with frontage on the Bigfork River! There is a 1 bedroom apartment with a walk in closet and a full bath and a long term tenant. Next to this apartment is a commercial space currently rented out by the US Post Office with a long term lease through 2034. In the back is a big 3 bedroom unit with big living room windows overlooking the backyard, new appliances, new countertop, mostly newer windows, and a bathroom upgrade with laundry hookups, and a big back deck to relax on. The tenants do snow removal and lawn care and pay for their own electric. Landlord pays for heat, water, and sewer. This would be a great owner occupant situation for anyone! Other recent upgrades include new electrical service boxes in the post office and 1 bedroom apartment, new sump pump, new water heater, new doors on the apartments and lower level, and newly painted front of the building. Potential income with the 3 bedroom apartment rented out would be $28,004.04 a year with expenses being around $9,155 for a net income of $18,849!
  1. Listed by GRAND PROPERTIES REAL ESTATE

Property Details for 305 Main Avenue

Subdivision Name
Fourth Add To Bigfork
Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 11/03/2024 08:03 AM

Property Details for 305 Main Avenue

StatusActive
MLS #6599932
Days on Compass54
Taxes$1,914 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1960
Lot Size0.14 AC / 6,098 SF
CountyItasca County

Building Information for 305 Main Avenue

Stories-Residences3Year Built1960Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 305 Main Avenue

Summary
Location and General Information
  • City Name: Bigfork
  • County Or Parish: Itasca
  • County: Itasca-MN
  • Directions: Follow hwy 38 to address. no sign on property.
  • Latitude: 47.745284
  • Longitude: -93.653316
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Bigfork
  • City and Location Text: Bigfork(MN)
  • Postal Code: 56628
  • State Or Province: MN
  • Public Survey Township: 61
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 854400220
  • Tax Annual Amount: $1,914.00
  • Tax Legal Description: FOURTH ADDITION TO BIGFORK LOTS 2-3 BLK 2
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 1914.0000
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: 3400.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3400.0
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 60x92x62x109
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • SQFT Main Total: 3400.0000
  • Building Area Total: 3400.0
  • Above Grade SqFt Total: 3400.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 64
Utilities
  • Electric: 100 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs Internal
  • Foundation Area: 3400.0
  • Fuel: Propane
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Metal
  • Patio Porch Type: Deck
Interior Features
  • Basement Type: Block
  • DP Resource: Y
  • Heating: Forced Air
  • Levels: One
  • Number of Refrigerator: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 0
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 2
  • Unit Rooms Total: 3
  • Unit SqFt: 1037
  • Unit Type Actual Rent: $758.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 9096
Unit 2
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 3
  • Unit SqFt: 465
  • Unit Type Actual Rent: $575.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 6900
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 7
  • Unit SqFt: 1450
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 12000

Property History for 305 Main 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 305 Main Avenue

Taxable ValueLand$4,500Additions$66,400Total$70,900
Tax Record2024$1,914 ($160 / month)
Home Facts
Total Finished SqFt1,404 SqFtAbove Grade Finished SqFt1,404 SqFtLot Size6,098 SqFtStyleOffice BuildingYear Built1960CountyITASCAAPN85-440-0220

Schools near 305 Main Avenue

This home is within Grand Rapids Public School District.
Rating
School
Type
Grades
Distance
Bigfork Elementary School
Public - PK to 6
Bigfork Secondary
Public - 7 to 12
Grand Rapids Area Learning Center
Public - 8 to 12
Middle Area Learning Center
Public - 5 to 8
Rating
School
Distance
Bigfork Elementary School
PublicPK to 6

Bigfork Secondary
Public7 to 12

Grand Rapids Area Learning Center
Public8 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Bigfork

Neighborhoods

Cities

ZIPs

More information about 305 Main Avenue, Bigfork, MN 56628

305 Main Avenue is a multi-family home for sale in Bigfork, MN 56628. This property was listed for sale on September 10, 2024 by GRAND PROPERTIES REAL ESTATE, it's currently listed at $110,000. It has been on the market for a total of 54 days and was last sold on April 6, 2023. This listing's school district is Grand Rapids Public School District. Nearby schools include Bigfork Elementary School, Bigfork Secondary and Grand Rapids Area Learning Center. 305 Main Avenue is a 0-bed, 0-bath, 3,400 sqft multi-family home built in 1960.

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 11/03/2024 08:03 AM