1220 NW 3rd AVE Contingent

Grand Rapids,MN 55744

$ 630000

- Bed

- Bath

3536 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,536 sqft

Price per Sqft $178

Subdivision Kearneys 1St Add To Gr

MLS Listing ID 6550879

Year Built 1985

Annual Tax Amount $6,684

Tax Year 2024

Contingent Inspection

Lot Size 1.140 Acres

Acres 1.14

Lot Dimensions Irregular

Property 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 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!

Location

State MN

County Itasca

Zoning Residential-Multi-Family

Body of Water Ice

Rooms

Basement Egress Window(s),Finished,Full,Walkout

Interior

Heating Baseboard

Fireplace No

Exterior

Garage Detached,Gravel,Asphalt,Shared Driveway,Garage Door Opener,Multiple Garages,Storage

Garage Spaces 4.0

Fence None

Waterfront Description Creek/Stream,Dock,Lake Front,Lake View

View East,Lake

Roof Type Age 8 Years or Less,Architectural Shingle

Road Frontage No

Building

Lot Description Accessible Shoreline,Tree Coverage - Medium

Story Two

Foundation 1714

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Fiber Cement,Fiber Board

New Construction false

Schools

School District Grand Rapids

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