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305 Main Avenue

Bigfork, MN 56628

– beds
– baths
3,400 sqft
$25 per sqft
1960 build
– on site

Check out this great opportunity to own a 3 unit apartment building in the heart of Bigfork, MN with frontage on the Bigfork River! There is a 1 bedroom apartment with a walk in closet and a full bath and a long term tenant. Next to this apartment is a commercial space currently rented out by the US Post Office with a long term lease through 2034. In the back is a big 3 bedroom unit with big living room windows overlooking the backyard, new appliances, new countertop, mostly newer windows, and a bathroom upgrade with laundry hookups, and a big back deck to relax on. The tenants do snow removal and lawn care and pay for their own electric. Landlord pays for heat, water, and sewer. This would be a great owner occupant situation for anyone! Other recent upgrades include new electrical service boxes in the post office and 1 bedroom apartment, new sump pump, new water heater, new doors on the apartments and lower level, and newly painted front of the building. Potential income with the 3 bedroom apartment rented out would be $28,004.04 a year with expenses being around $9,155 for a net income of $18,849!

Listing courtesy of NORTHSTAR / Joseph Tome / GRAND PROPERTIES REAL ESTATE

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# 6599932 —

The Building

Year Built:

1960
New Construction:

false
Age Of Property:

64
Construction Materials:

Brick/Stone
Construction Materials Desc:

Brick
Roof:

Metal
Accessibility Features:

No Stairs Internal
Levels:

One
Main Level Finished Area:

3400.0000
Basement:

Block
Basement:

true
Foundation Area:

3400
Building Area Total:

3400
Above Grade Finished Area:

3400

Room Dimensions

Living Area:

3400

Location

Directions:

Follow hwy 38 to address. no sign on property.
Latitude:

47.745284
Longitude:

-93.653316

The Property

Parcel Number:

854400220
Zoning Description:

Business/Commercial
Property Type:

Residential Income
Property Subtype:

Triplex
Additional Parcels:

false
Lot Size Area:

0.14
Lot Size Dimensions:

60x92x62x109
Lot Size Units:

Acres
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1914
Tax With Assessments:

1914.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Two

Schools

High School District:

Grand Rapids

The Community

Subdivision Name:

Fourth Add To Bigfork
Assessment Pending:

No

Parking

Parking Features:

Asphalt

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
12/2/24 Dec 2, 2024	Price Changed	NORTHSTAR	$85,000	-15.0%
11/20/24 Nov 20, 2024	Price Changed	NORTHSTAR	$100,000	-9.1%
10/28/24 Oct 28, 2024	Price Changed	NORTHSTAR	$110,000	-8.3%

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This multifamily located in Bigfork, MN 56628 is currently for sale for $85,000. 305 Main Avenue is a 3,400 square foot multifamily with – beds and – baths that has been on Estately for 99 days. This multifamily is in the attendance area of Big Fork Secondary School and Big Fork Elementary School.

Listing Courtesy of: NORTHSTAR and GRAND PROPERTIES REAL ESTATE.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.