Grand Rapids, MN 55744,1220 NW 3rd AVE
See all 49 photos
Grand Rapids, MN 55744,1220 NW 3rd AVE
Grand Rapids, MN 55744,1220 NW 3rd AVE
Grand Rapids, MN 55744,1220 NW 3rd AVE
Grand Rapids, MN 55744,1220 NW 3rd AVE

$588,500

Est. payment /mo

$630,000

6.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1220 NW 3rd AVE Grand Rapids, MN 55744

3,536 SqFt

SOLD DATE : 01/08/2025

Key Details

Sold Price $588,500

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,536 sqft

Price per Sqft $166

Subdivision Kearneys 1St Add To Gr

MLS Listing ID 6550879

Year Built 1985

Annual Tax Amount $6,684

Tax Year 2024

Lot Size 1.140 Acres

Property Description

Unique, multi-family, lakeshore property in the heart of Grand Rapids! This triplex sits on 1+ acres of beautifully manicured grounds including a creek and 318ft of frontage on Crystal (Ice) Lake. Units 1 & 3 feature private decks overlooking the lake, while Unit 2 has a walk-out, covered patio. Units 1 & 2 have 2 bedrooms and 1 full bath each and share a 2-stall, divided garage. The larger, split-level Unit 3 has 3 bedrooms and 2 full baths with an oversized 2-stall garage. All units are currently rented to tenants who hope to stay with new ownership. This beautiful property includes a dock, walking bridge over the creek, and ample guest parking. The location cannot be beat, across the street from Yanmar Ice Arena, 1/2 mile from the Mesabi biking trailhead, near numerous parks/recreation areas, and across the lake from the Itasca County fairgrounds. Enjoy the many year-round festivals and events Grand Rapids has to offer. Don't miss this one-of-a-kind investment opportunity in a prime Northwoods location!

Location

State MN

County Itasca

Zoning Residential-Multi-Family

Interior

Heating Baseboard

Exterior

Parking Features Detached, Gravel, Asphalt, Shared Driveway, Garage Door Opener, Multiple Garages, Storage

Garage Spaces 4.0

Fence None

Waterfront Description Creek/Stream,Dock,Lake Front,Lake View

View East, Lake

Roof Type Age 8 Years or Less,Architectural Shingle

Building

Lot Description Accessible Shoreline, Tree Coverage - Medium

Story Two

Foundation 1714

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Fiber Cement,Fiber Board

New Construction false

Schools

School District Grand Rapids

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Susie Williamson • Coldwell Banker Realty
agent

Leslie Dahlen

License ID: 40063678

+1(612) 310-6738

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.