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220 Adams Ave

3 Unit Apartment Building $99,900 ($33,300/Unit) Eveleth, MN 55734

Apartment Buildings Minnesota Eveleth 220 Adams Ave, Eveleth, MN 55734

Investment Highlights

  • Incredible investment opportunity

Executive Summary

Charming 3-Unit Multi-Family Property! This well-positioned triplex offers excellent income potential in a value-add opportunity. The spacious main floor unit features 3 bedrooms and a full bathroom, perfect for a larger family. Two additional one-bedroom apartments with private full baths occupy the upper level, providing steady rental income. This property presents an ideal opportunity for investors looking to build equity through strategic improvements. With some attention to detail and cosmetic updates, this multi-family home has significant potential for increased rental income and property value.

Property Facts

Price $99,900 Building Class C
Price Per Unit $33,300 Lot Size 0.13 AC
Sale Type Investment Building Size 2,296 SF
No. Units 3 Average Occupancy 0%
Property Type Multifamily No. Stories 2
Property Subtype Apartment Year Built 1904
Apartment Style Low Rise
Price $99,900
Price Per Unit $33,300
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.13 AC
Building Size 2,296 SF
Average Occupancy 0%
No. Stories 2
Year Built 1904
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PROPERTY TAXES

Parcel Number 040011000040 Improvements Assessment $116,200
Land Assessment $6,300 Total Assessment $122,500

PROPERTY TAXES

Parcel Number
040011000040
Land Assessment
$6,300
Improvements Assessment
$116,200
Total Assessment
$122,500
(218) 410-5353

Contact

  • Listing ID: 33790480

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 220 Adams Ave, Eveleth, MN 55734

More public record information on 220 Adams Ave, Eveleth, MN 55734

The Multifamily Property at 220 Adams Ave, Eveleth, MN 55734 is currently available for sale. Contact Next Door Realty for more information.

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220 Adams Ave
(218) 410-5353 x

220 Adams Ave

Norma Jean Jofs

(218) 410-5353

(218) 410-5353

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