Courtesy: Bear Island Realty LLC
218-365-2800
Two Cabin North woods Retreat on Shagawa River & Fall Lake Rare opportunity to own 3.8 beautiful acres with an impressive 714 feet of combined Shagawa River and Fall Lake shoreline. Westerly facing and surrounded by the natural beauty of the North woods, this unique property offers two classic cabins, abundant shoreline, and tremendous potential for a private family retreat, or seasonal getaway. The property features two separate 2-bedroom, 1-bath seasonal cabins, each with a comfortable combined kitchen and living area and a deck at the entrance. Both cabins are being offered furnished, existing dishes, cookware and miscellaneous items, making it easy to start enjoying the property right away. The cabins share a well, while each has its own septic system. Cabin #1 will require a new septic system, providing an opportunity for the next owner to make improvements suited to their plans. A gravel boat landing provides direct access to the river. Although currently grown in with weeds, the landing has historically provided easy boat launching. Additional improvements include a storage/pump house containing the water heater and providing valuable storage space, along with a screened fish cleaning house equipped with a cleaning table, sink, and running water; perfectly suited to the North woods lifestyle. With two cabins, extensive shoreline, western exposure, boat access, and nearly four acres of beautiful North woods property, this is a rare opportunity to create your own lake-and-river retreat with room for family, friends, and recreation. The two cabins were used as rental properties until 2022. Direct access to Fall Lake, a large, classic North woods lake with direct BWCAW wilderness access.
Courtesy: Bear Island Realty LLC
218-365-2800
Investment opportunity in the heart of Ely! Turnkey dual-income potential. This beautifully maintained duplex features two freshly updated, independent living spaces with modern conveniences throughout. Main Level Unit offers 1+ bedrooms, an updated full bath, and a bright, spacious kitchen with a dedicated dining area. Enjoy single-level convenience complete with a large mudroom and main-floor laundry. Upper-Level Unit is a freshly renovated 1-bedroom apartment featuring an open-concept kitchen, dining, and living area, plus an oversized bathroom with built-in laundry. Enjoy peace of mind with a fully compliant sewer lateral already completed. Separate laundry setups and strong functional layouts make this a low-maintenance, high-demand addition to any portfolio.
Courtesy: Grand Properties
218-326-4477
A piece of history set back on 3 city lots on the corner of 4th Avenue and James Street. This Triplex has been loved and cared for for over 30 years. The main floor has a 3 bedroom apartment and an efficiency apartment each with their own off street parking spots, kitchens, bathrooms, and access to the basement for separate laundry areas. The upstairs is a 4+ bedroom with in unit laundry and a huge attic space that could be storage or it has the potential to be 2 extra bedrooms and has amazing views. The yard is huge with a beautiful stone retaining wall on the south side, a big garden, blister-rust resistant white pines and a beautiful sugar maple tree. This property is easily customizable to combine the entire 1st level or add a bedroom to the efficiency. Grab yourself a piece of history and a rare cash flowing rental property in the amazing town of Ely!
Courtesy: Keller Williams Classic Realty NW - Ely
763-463-7500
Incredible investment opportunity by unlocking this historic 2.75 story home's potential! Much of original character is retained - 26 ft covered front porch, 9 ft ceilings, large windows, original interior doors & woodwork, hardwood floors & some vintage fixtures. Third level attic offers even more potential living space with 7' ceilings in 3 large rooms! Updates include roof, siding, main level windows, electrical service, plumbing, etc. 4 city lots, off-street parking, fully fenced yard. Originally built as Sec 30 hospital, moved to this site, converted to a triplex & later, main level housed a child's day care. Ideally located in heart of Ely.
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
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Ely is located in Minnesota. Ely, Minnesota has a population of 3,280. Ely is less family-centric than the surrounding county with 15.6% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Ely, Minnesota is $44,745. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Ely is 52.2 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of -6.7 degrees. The average rainfall is approximately 29.7 inches per year, with 63.4 inches of snow per year.
