About This Home
This 4-bedroom, 4-bathroom multi-family at 621 3rd Ave in Two Harbors, MN is listed for $455,900 ($184 per sqft). Built in 1893, the home offers 2,473 sqft of living space on a 0.10 acres lot.
Key Features
- Built in 1893
- 0.10 acre lot
- 2 stories
Property Details
Opportunity knocks with this proven, turnkey income producing duplex located in the heart of Two Harbors! Generating an annual average of approximately $91,000 in gross short term rental revenue, this beautifully furnished, fully equipped property offers an exceptional opportunity for investors or owner occupants.
The spacious lower unit features 3 bedrooms, 3 baths, a large kitchen and dining area. The upper unit offers 1 bedroom and 1 bathroom. Both have private laundry and separate utilities. There's a nice back yard, a deck, garage and additional off-street parking.
Ideally located within walking distance to shopping, dining, and Lake Superior! Meticulously updated and maintained throughout, it is sold furnished and ready to continue operating as a short-term rental, transition to long term rental or provide the flexibility to live in one unit while earning income from the other!
Monthly Cost Estimate
$2,438/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
621 3rd Ave
Two Harbors, MN 55616
Features & Amenities
Exterior Features
Property Details
Outdoor Features
Parking
Heating
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 621 3rd Ave is listed at $455,900 ($184/sqft). The estimated monthly payment is $2,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1893, 0.10 acre lot, 2 stories. Exterior Features: Deck.
This property is listed by Julie Carlson and can be reached at (952) 829-2900.