219 3rd Avenue

Bovey, MN 55709

About this property

Whether 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.

About this property

Whether 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.

Features and Additional Information

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$190,000 Active
1,620 sqft

Presented By Coldwell Banker Crown Park Rapids

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1-218-326-4477
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Area Information

| Itasca County | Bovey

$ 190,000
This listing is play_arrow 8.6% higher than the average in the area
$ 174,950 in the area
1,620 SqFt
This listing is play_arrow 25.5% larger than the average in the area
1,291 SqFt in the area
$ 117 $/SqFt
This listing is play_arrow 17.3% less than the average in the area
$ 142 $/SqFt in the area
5 days on site
This listing is play_arrow 33.3% below the average in the area
8 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Greenway

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Listed By Joseph Tome
Brokerage: GRAND PROPERTIES REAL ESTATE

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