$235,000
$259,900
9.6%For more information regarding the value of a property, please contact us for a free consultation.
2,288 SqFt
SOLD DATE : 07/08/2022
Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $102
Subdivision Isle Harbor Beach
MLS Listing ID 6199982
Year Built 1978
Annual Tax Amount $1,745
Tax Year 2022
Lot Size 1.250 Acres
Property Description
Mille Lacs Lake area apartment building with 2 large upper/lower units each with separate entrances and is conveniently located only 2 miles north of Isle, MN on a large 1 ¼ acre yard. Each unit is 1144 sq ft with many updates and each unit has its own washer/dryer.. The upper unit features 2 bed/2 full baths, full kitchen and dining room. Lower unit features 2 bed/1 full bath and kitchen with eat in dining area. This complex is smoke free. This building could easily be converted to a large single-family home. This could make a fantastic investment rental property and a 1031 exchange is available. Taxes are very low. This apartment or large home conversion option is a rare find in the Isle area. There is a very high demand for rental space in the Isle area.
Location
State MN
County Mille Lacs
Zoning Residential-Single Family
Interior
Heating Forced Air
Exterior
Garage Gravel, Open
Fence None
Roof Type Age 8 Years or Less,Asphalt,Pitched
Building
Lot Description Tree Coverage - Medium
Story One and One Half
Foundation 1144
Sewer Mound Septic, Shared Septic
Water Submersible - 4 Inch, Drilled, Shared System, Well
Structure Type Fiber Board
New Construction false
Schools
School District Isle
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