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For Sale:  Grand Rapids MLS# 6700236

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Active
$550,000
/mo Edit
Multi-family:  Other
Built 1963
3,384 sqft • 5 acres
Grand Rapids schools
MLS# 6700236
763-576-8286
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    Property Description

    Opportunity knocks! Here is a prime business opportunity just waiting for you! Located on 5 acres just south of Grand Rapids on Hwy 169. This features two residential rental units that have been updated and are ready to cash flow, with a separate unit for a business. Recent updates include HVAC, electrical, siding, flooring, paint, and a newer roof. There is incredible visibility from Hwy 169 and ample parking. Just bring your vision and ideas. The seller would consider a long-term lease as well.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Price per sq ft: $163
    Property Type: Multi-family
    City: Grand Rapids
    Garage Spaces: 1
    County: Itasca
    Year Built: 1963
    State: MN
    Property Style: Other
    Zip Code: 55744
    Subdivision Name: Whitesides Echoing Hills

    Interior

    Finished Area: 3,384 ft2
    Living Area: 3,384 ft2
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Size: 455 ft2
    Garage Door Height: 63
    Foundation Size: 3,384 ft2
    Handicap Accessible: None
    Heating System: Baseboard
    Exterior Material: Engineered Wood
    Roof Details:
    • Age 8 Years or Less
    • Metal

    Lot & Land

    Acres: 5
    Geolocation: 47.1527213437, -93.5544954322
    Lot Dimensions: 502 x 574 x 555 x 498
    Addl Parcels: 196350051, 196350040
    Zoning: Residential-Multi-Family

    Schools

    School District: 318
    District Phone: 218-327-5704

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,934
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,934

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: Private Sewer
    Water System: Private

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Keller Williams Classic Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.