206 Main St

5
Baths
4,205 Sq. Ft.
$31 / Sq. Ft.
4,205
Sq. Ft.
$31
per Sq. Ft.

Description

Calling all investors! Beautiful Investment property in historic downtown Biwabik featuring 5 rental units along with a 500 ft. store front w/bathroom & storage area. Good location next to the Post Office. Most units have been remodeled and are well-maintained. Good cash flow, could be vacation rentals or keep as is with renters. Unlimited possibilities in close proximity to Giants Ridge Ski & Golf resort.Calling all investors! Beautiful Investment property in historic downtown Biwabik featuring 5 rental units along with a 500 ft. store front w/bathroom & storage area. Good location next to the Post Office. Most units have been remodeled and are well-maintained. Good cash flow, could be vacation rentals or keep as is with renters. Unlimited possibilities in close proximity to Giants Ridge Ski & Golf resort.
  1. Listed by Rick Marwick • Vermilion Land Office Inc
    P: (218)-780-3930 info@vermilionland.com

Property Details for 206 Main Street

Zoning
Com
Zoning Description
Com
LISTING CLOSED: 03/03/2022 12:00 AM

Property Details for 206 Main Street

StatusSold Co Op By Member
MLS #142687
Days on Compass55
Taxes$2,778 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.17 AC / 7,500 SF
CountySt. Louis County

Location

Listing Courtesy of Vermilion Land Office Inc

Sold By Laurentian Realty

Add your commute

Building Information for 206 Main Street

Stories-Residences5Year Built1910Building Size-Lot Size0.17 AC / 7,500 SF

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$892 per month

30 year fixed, 6.55% Interest

Principal and Interest

$660

Property Taxes

$232

HOA Dues

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Property Information for 206 Main Street

Summary
Location and General Information
  • Latitude: 47.53287
  • Longitude: -92.346444
  • Township: 56
Taxes and HOA
  • Parcel Number: 015-0030-00710
  • Tax Annual Amount: $2,778.00
Parking
  • Parking Features: On Street
Property
Lot Information
  • Lot Size Dimensions: 125 x 60
Property and Assessments
  • Living Area: 4205.0
  • Property Type: Residential Income
  • Year Built: 1910
Building Features
  • Construction Materials: Frame, Metal Siding
  • Roof: Asphalt
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Has Basement: Yes
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 5

Property History for 206 Main Street

DateEvent & SourcePriceAppreciation
Mar 3, 2022

Sold

Range Association of REALTORS #142687

$129,900
Feb 28, 2022

Sold (Public Record)

Public Record #1485983499

$129,900

-0.9% / yr

Jan 31, 2022

Pending

Range Association of REALTORS #142687

DateEvent & SourcePrice
03/03/2022

Sold

Range Association of REALTORS #142687

$129,900
02/28/2022

Sold (Public Record)

Public Record #1485983499

$129,900

-0.9% / yr

01/31/2022

Pending

Range Association of REALTORS #142687

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 206 Main Street

Taxable ValueLand$6,400Additions$122,900Total$129,300
Tax Record2025$2,834 ($236 / month)
Home Facts
Total Finished SqFt3,025 SqFtAbove Grade Finished SqFt3,025 SqFtStories2StyleMulti-Family Res (5+ Units)Year Built1995CountyST. LOUISAPN015-0030-00710

Schools near 206 Main Street

This home is within Mesabi East School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Mesabi East Elementary School
PublicPK to 6

Mesabi East Secondary
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vermilion Land Office Inc

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the RAOR - Range Association of REALTORS®. Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Compass and its related brokerages is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass and its related brokerages, a broker Participant of the RAOR - Range Association of REALTORS®. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.