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$ 209,000
Est. payment /mo
Contingent
515 NW 7th AVE Grand Rapids, MN 55744
1,880 SqFt
UPDATED:
01/28/2025 07:09 PM
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,880 sqft
Price per Sqft $111
Subdivision Grand Rapids Second Div
MLS Listing ID 6652316
Year Built 1952
Annual Tax Amount $2,259
Tax Year 2024
Contingent Inspection
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 45x143x45x143
Property Description
Fantastic Opportunity to Live, Earn, and Enjoy – All in One Place!
Have you ever dreamed of living in your very own Airbnb while having an additional apartment upstairs to help minimize your mortgage? If so, this property is perfect for you!
This meticulously maintained duplex is currently being run as an Airbnb on the main level, with an additional apartment upstairs that could generate $850+ per month in rental income. Are you an investor looking to expand your portfolio? Keep the setup as it is and enjoy steady cash flow.
The main level features two bedrooms, one full bathroom, and an open-concept kitchen, living, and dining area. It also includes a basement with a washer and dryer, as well as a versatile flex space that can be used for storage or as a potential playroom.
The upstairs apartment has a private entrance at the back and includes a kitchen, two bedrooms, one full bathroom, and a cozy living area.
The property also boasts a detached garage and a freshly built pergola adorned with string lights, creating a warm and inviting path to your home.
Move-in ready and offering flexibility, this duplex is ideal for owner-occupants who want to rent one unit or for investors seeking a combination of Airbnb and long-term rental income. Don't miss your chance to own this income-generating gem.
Have you ever dreamed of living in your very own Airbnb while having an additional apartment upstairs to help minimize your mortgage? If so, this property is perfect for you!
This meticulously maintained duplex is currently being run as an Airbnb on the main level, with an additional apartment upstairs that could generate $850+ per month in rental income. Are you an investor looking to expand your portfolio? Keep the setup as it is and enjoy steady cash flow.
The main level features two bedrooms, one full bathroom, and an open-concept kitchen, living, and dining area. It also includes a basement with a washer and dryer, as well as a versatile flex space that can be used for storage or as a potential playroom.
The upstairs apartment has a private entrance at the back and includes a kitchen, two bedrooms, one full bathroom, and a cozy living area.
The property also boasts a detached garage and a freshly built pergola adorned with string lights, creating a warm and inviting path to your home.
Move-in ready and offering flexibility, this duplex is ideal for owner-occupants who want to rent one unit or for investors seeking a combination of Airbnb and long-term rental income. Don't miss your chance to own this income-generating gem.
Location
State MN
County Itasca
Zoning Residential-Multi-Family
Rooms
Basement Block, Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 1.0
Roof Type Asphalt
Building
Story Two
Foundation 720
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Grand Rapids
Listed by Alexandra Bloch • EDGE OF THE WILDERNESS REALTY