$650,000 Price Analysis   ♡   Two Harbors, MN 55616 Unknown bed 6 bath 10,694 SqFt ($60/SqFt) 0.48 acre lot. Built 1896 Listed 2023-10-17, Taxes $5,149 | ✓ USDA Eligible near Two Harbors, MN Restrictions may apply due to home size |
Premier Lake Superior View Location!!
* Has Contingent Offer *Now is your opportunity to own a historic commercial building in the heart of downtown Two Harbors! This 27 room, 6 bath property has over 13, 000 sq ft and sits on 3 city lots steps from Lake Superior! With sweeping views from all 3 floors, one can watch the Great Ladies pull in/out of the ore docks. a sight to behold for sure! Or catch the North Shore Scenic Rail Train right out the back steps! Its a short walk down to the local Castle Danger Brewery, Lighthouse Point and the Break-wall! The walk-out basement is equipped with a full commercial kitchen and dining space. Above grade you will find over 9300 sq ft of common area, 27 individual and shared rooms, ffice space and room to expand on the 3rd floor in an unfinished apartment area that is already plumbed for a bath. There are 2 industrial grade fire escape s that reach all the way up to the 3rd floor and a fully sprinkler system that is inspected yearly. The many updates include a newer roof (2 yrs), 3 furnaces (12 yrs) 4 water heaters (6 yrs) , many newer windows and a fresh coat of exterior paint. The 140x50 private corner yard space is a special added bonus along with plenty of off street parking and some small storage buildings. Continue operating as a boarding house or reimagine the business (or businesses) of your dreams!
This property has unlimited possibilities and you cant beat the location!
Presented by Dee Furo at
Messina & Associates Real Estate.
Property MLS #6111097 from LakeSuperiorAreaRealtors
Lot Size Acres: 0.48
Lot Size Dimensions: 150x140
Lot Size Square Feet: 20909
Other Equipment: Water Heater - Gas, Sump Pump, Fire Sprinkler System
Calculated Total Monthly Association Fees: 0
Total Bathrooms in Unit-1: 6
Unit-1 Description: Ceiling Fans, Hardwood Floors, Natural Woodwork, Walk-up Attic, Washer/Dryer Hookups, Drywalls
Unit-1 Square Feet: 13408
Map directions Map directions Map directionsSource Listing Status: Inspection cont (mn)
County: Lake County
Directions: 7th Ave in Two Harbors, South on Waterfront Dr, Left on 1st Ave to property on the right.
Tax Year: 2023
Source Property Type: MULTI-FAMILY
Area: LSAR
Source Neighborhood: LSAR
Parcel Number: 23-7660-01070
Property Subtype: 11+ Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $220,500 + $49,100 $269,600 | $5,149 |
| 2021 | $220,500 + $49,100 $269,600 | $4,887 |
| 2020 | $227,400 + $49,100 $276,500 | $5,450 |
| 2019 | $234,900 + $49,100 $284,000 | $5,496 |
| 2018 | $225,700 + $49,100 $274,800 | $5,240 |
| 2017 | $112,800 + $16,400 $129,200 | $2,279 |
| 2016 | $112,800 + $16,400 $129,200 | $2,335 |
| 2015 | $112,800 + $16,400 $129,200 | $2,342 |
| 2014 | $111,700 + $16,400 $128,100 | $2,228 |
| 2013 | $111,700 + $16,400 $128,100 | $2,120 |
| 2012 | $145,000 + $14,500 $159,500 | $2,729 |
| 2010 | $152,500 + $14,500 $167,000 | $2,435 |
$650,000
LakeSuperiorAreaRealtors
Sold 2020-09-01
$120,000
Public Record
Sold 2015-12-31
$120,000
Public Record
Sold 2013-10-21
$233,235
Public Record
Year Built: 1896
Above Grade Finished Area: 9394
BelowGradeFinishedArea: 1300
Building Exterior Type: Composition
Construction Materials: Frame/Wood
Foundation Details: Full Basement, Stone
Property Age: 128
Roof: Asphalt Shingles
Levels or Stories: 3 Story
Year Built Details: Previously Owned
Water Source: City
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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.