$216,000
Sold

515 NW 7th Avenue

Grand Rapids, MN 55744
Listing OfficeEDGE OF THE WILDERNESS REALTY
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Fantastic Opportunity to Live, Earn, and Enjoy – All in One Place!
Have you ever dreamed of living in your very own Airbnb while having an additional apartment upstairs to help minimize your mortgage? If so, this property is perfect for you!
This meticulously maintained duplex is currently being run as an Airbnb on the main level, with an additional apartment upstairs that could generate $850+ per month in rental income. Are you an investor looking to expand your portfolio? Keep the setup as it is and enjoy steady cash flow.
The main level features two bedrooms, one full bathroom, and an open-concept kitchen, living, and dining area. It also includes a basement with a washer and dryer, as well as a versatile flex space that can be used for storage or as a potential playroom.
The upstairs apartment has a private entrance at the back and includes a kitchen, two bedrooms, one full bathroom, and a cozy living area.
The property also boasts a detached garage and a freshly built pergola adorned with string lights, creating a warm and inviting path to your home.
Move-in ready and offering flexibility, this duplex is ideal for owner-occupants who want to rent one unit or for investors seeking a combination of Airbnb and long-term rental income. Don’t miss your chance to own this income-generating gem.

  • Property Details
      • Days on Market (Cumulative)25

Location

Jayce Johnson | RE/MAX Realty 1Real Estate Group