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$127,500   Price Analysis
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219 3rd Ave
Bovey, MN 55709
4 bed 2 bath 1,280 SqFt ($99/SqFt)
0.27 acre lot. Built 1999
Listed 2024-01-06, Taxes $1,972
USDA Eligible
near Bovey, MN
 

Welcome to Your Brand new Investment Property A Charming Two-Story Duplex!

This duplex is situated on roomy lot with a large Garage, offering plenty of room for outdoor activities and storage. Each unit has 2 bedrooms and new furnaces, ensuring comfort for your tenants. The upper unit has been recently updated with new flooring and countertops, creating a stylish and welcoming living space.

This property presents a fantastic opportunity to generate consistent rental income while providing a comfortable home for your tenants. Don't let this impressive investment opportunity pass you by!


Presented by Melissa Roberts at
The Patriot Real Estate Group.
Listing Agent Photo

Property MLS #6474637 from NorthstarMLS

Bedrooms: 4

Basement Features: Storage Space, Unfinished

Full Bathrooms: 2

Heating Features: Forced Air, Radiant
Heating Fuel: Natural Gas

Shakes
Road Frontage Type: City, Paved Streets, Sidewalks
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Size Acres: 0.27
Lot Size Dimensions: 95x125x95x125
Lot Size Square Feet: 11761

Garage Spaces: 2
Parking Features: Detached Garage
Garage Dimensions: 27 x 30
Garage Sqft: 810

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 2

School District: 316 - Greenway

Greenway Senior High School is a public high school located approximately 0.6 miles away.
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Vandyke Elementary School is a public elementary school located approximately 0.7 miles away.
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Connor-Jasper Middle School is a public elementary and middle school located approximately 0.6 miles away.
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Foundation Christian School is a private elementary and middle school located approximately 2.1 miles away.
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Annual Tax Amount: 1721.00
Source Listing Status: Active
County: Itasca
Directions: Take Hwy 169 to Coleraine Left on 2nd Ave into Bovey Right on 3rd St Left on 3rd Ave. Home on Right
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Bovey
Parcel Number: 864100780
Subdivision: Bovey
Trash Expense: 300.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$64,800 + $7,400
$72,200
$1,972
2021$59,700 + $6,700
$66,400
$2,186
2020$59,700 + $6,700
$66,400
$1,668
2019$52,700 + $6,700
$59,400
$1,432
2018$56,200 + $6,700
$62,900
$1,448
2017$56,200 + $6,700
$62,900
$1,434
2016$56,300 + $6,700
$63,000
$1,458
2015$56,300 + $6,700
$63,000
$1,474
2014$56,300 + $6,700
$63,000
$1,372
2013$56,300 + $6,700
$63,000
$1,328
2011$52,000 + $9,500
$61,500
$990
2010$42,800 + $9,500
$52,300
$902
2009$53,100 + $9,200
$62,300
$222

Listed 2024-01-06
$127,500
NorthstarMLS

Operating Expense: 2328.00

Total Square Feet Living: 1280
Above Grade Finished Area: 1280
Foundation Area: 846.00
Property Age: 25
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 1440.00
Total Area Main: 720.00
Total Below Grade Area: 720.00

Electric: 100 Amp Service
Sewer: City Sewer/Connected
Water Sewer Expense: 2028.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.