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  • $588,500

    1220 NW 3rd Ave, Grand Rapids, MN 55744

    7beds
    4baths
    3,536sqft
    Triplex
    Built in 1985
    -- sqft lot
    $605,500 Zestimate®
    $166/sqft
    $1,277 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: January 08, 2025 at 12:39pm

    Listed by:

    Susie Williamson 612-309-7397,

    Coldwell Banker Realty,

    Elizabeth Williamson 651-890-7386

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6550879MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Baseboard
    Features
    • Basement: Egress Window(s),Finished,Full,Walk-Out Access
    Interior area
    • Total structure area: 3,536
    • Total interior livable area: 3,536 sqft
    • Finished area above ground: 1,822
    • Finished area below ground: 1,714

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Gravel, Asphalt, Shared Driveway, Garage Door Opener, Multiple Garages, Storage
    • Garage spaces: 4
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Covered, Deck, Patio
    • Fencing: None
    • Has view: Yes
    • View description: East, Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Creek/Stream, Dock, Lake Front, Lake View, Waterfront Elevation(0-4), Waterfront Num(31037200), Lake Bottom(Hard, Reeds, Sand), Lake Acres(38), Lake Depth(53)
    • Body of water: Ice
    • Frontage length: Water Frontage: 318
    Lot
    • Size: 1.14 Acres
    • Features: Accessible Shoreline
    • Topography: Level,Walkout
    • Residential vegetation: Wooded
    Details
    • Foundation area: 1714
    • Parcel number: 915850210
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Fiber Cement, Fiber Board
    • Roof: Age 8 Years or Less
    Condition
    • Age of Property: 40
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Grand Rapids
    • Subdivision: Kearneys 1st Add To Gr

    Other

    Other facts
    • Road surface type: Paved, Unimproved
    Services availability
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