Courtesy: GRAND PROPERTIES REAL ESTATE
218-326-4477
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!
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Bigfork is located in Minnesota. Bigfork, Minnesota has a population of 401. Bigfork is less family-centric than the surrounding county with 27.03% of the households containing married families with children. The county average for households married with children is 27.51%.
The median household income in Bigfork, Minnesota is $28,036. The median household income for the surrounding county is $52,050 compared to the national median of $57,652. The median age of people living in Bigfork is 66.8 years.
The average high temperature in July is 76.4 degrees, with an average low temperature in January of -5.6 degrees. The average rainfall is approximately 27.2 inches per year, with 64 inches of snow per year.
