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Off market
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  • $261,500

    2 Minnesota Ave S, Aitkin, MN 56431

    --beds
    --baths
    9,500sqft
    MultiFamily
    Built in 1872
    -- sqft lot
    $261,500 Zestimate®
    $28/sqft
    $932 Estimated rent

    What's special

    History is still alive & well at the Beacon Arch. Here is your opportunity to embrace it and be a part of it. The Beacon Arch, also formerly known as the Foley Hotel is one of Aitkin Minnesotas most well known and oldest landmarks. Built around 1872 during the mining & trapping era, there is no question history walks these halls and you will wish the walls could talk. If they did they would tell you tales of fascinating times gone by such as shoot outs at the Foley Hotel back in 1898, or when it was a bar restaurant and even tales of a brothel. Today you will find the Beacon Arch has 15 apartments with plenty of the original character still preserved. A variety of apartment options for your tenants are available along with on site laundry, plenty of parking and great income potential.

    Facts & features

    Interior

    Interior area
    • Total interior livable area: 9,500 sqft

    Property

    Lot
    • Size: 0.60 Acres
    Details
    • Parcel number: 561040601

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1872

    Community & neighborhood

    Location
    • Region: Aitkin
    Services availability
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    An equal housing lender. NMLS #10287.