New ListingWhether you're owner-occupying or buying an investment property, this is a unique opportunity that only comes around once in a while. This cash-flowing duplex is set on three city lots and has a massive three-stall garage for storage or more income potential! There are two units: Upstairs is a two-bedroom, one-bath with a big kitchen and a shared living room/dining area. The main floor is two-bedroom with a full bath and an eat-in kitchen. Currently the rents are $950 (up) and $1,000 (main), which is well under market rent for this area, especially when you consider that the solar panels supplement the majority of electricity the tenants use. The owner pays a flat $180 for sewer and water and the tenants pay the rest. There is an extra bathroom and kitchen area in the basement as well.
| MLS # | 7130322 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 2 |
| Listing Provided By | GRAND PROPERTIES REAL ESTATE | Joseph Tome |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,620 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.27 |
| Heating | Baseboard, Forced Air |
|---|
| Roof | Age Over 8 Years, Asphalt |
|---|---|
| Construction Materials | Post and Beam |
| Property | 1524 |
|---|
| State | MN |
|---|---|
| County | Itasca |
| City | Bovey |
| Zip Code | 55709 |
| Community Name | Bovey |
| School District | 316 |
| High School | Greenway |
| Listing VS Median (in Bovey) | |
Price: $190,000 low | high Med: $174,950 sqft: 1,620 low | high Med: 1,291 $ / sqft: $117 low | high Med: $142 On site: 2 low | high Med: 4.5 | |
| State | MN |
|---|---|
| County | Itasca |
| City | Bovey |
| Zip Code | 55709 |
| Community Name | Bovey |
| School District | 316 |
| High School | Greenway |
| Listing VS Median (in Bovey) | |
Price: $190,000 low | high Med: $174,950 sqft: 1,620 low | high Med: 1,291 $ / sqft: $117 low | high Med: $142 On site: 2 low | high Med: 4.5 | |
![]() | $138,500306 7th AvenueBovey, MN 55709 |