42462 Highway 47, Isle, MN 56342 | MLS 5674815 | Listing Information | BHHS Advantage - Owatonna Real Estate

42462 Highway 47,  Isle MN, 56342

(Active)
$224,900
|
2,288 sqft
|
MLS# 5674815
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Last Updated: 10/24/2020 4:08 PM
Description for 42462 Highway 47 Isle, MN 56342
Mille Lacs Lake area apartment building with 2 large upper/lower units each with separate entrances and is conveniently located only 2 miles north of Isle on a large 1 ¼ acre yard. Each unit is 1144 sq ft with many updates and each unit has its own washer/dryer.. The upper unit features 2 bed/2 full baths, full kitchen and dining room. Lower unit features 2 bed/1 full bath and kitchen with eat in dining area. This complex is smoke free/pet free. This building could easily be converted to a large single-family home. This could make a fantastic investment rental property and a 1031 exchange is available. Taxes are extremely low. This apartment or large home conversion option is a rare find in the Isle area and will move fast.
Price
$224,900
Isle Harbor Beach
Mille Lacs
2,288 (approx)
5674815
Active
Description
Mille Lacs Lake area apartment building with 2 large upper/lower units each with separate entrances and is conveniently located only 2 miles north of Isle on a large 1 ¼ acre yard. Each unit is 1144 sq ft with many updates and each unit has its own washer/dryer.. The upper unit features 2 bed/2 full baths, full kitchen and dining room. Lower unit features 2 bed/1 full bath and kitchen with eat in dining area. This complex is smoke free/pet free. This building could easily be converted to a large single-family home. This could make a fantastic investment rental property and a 1031 exchange is available. Taxes are extremely low. This apartment or large home conversion option is a rare find in the Isle area and will move fast.
Listing Information
Property Type: Multi-Family, 1-1/2 Story
12 1.25 Acres 2,288 (approx)
1978 1,144 Sq. Ft. 1.5
Other
43//
Isle Harbor Beach
2,288 Sq. Ft. (approx)
1144
Shared System,4-Inch Submersible
Shared Septic,Mound Septic
Yearly
None
Neighborhood
School Information
District: Isle
Room Information
Unit 1 - Lower, Lower, Unit 2 - Upper, Upper
Unit 1 - Living Room, Unit 2 - Living Room
Eat In Kitchen
Interior Features
1,144 Sq. Ft. Above Ground ,1,144 Sq. Ft. Below Ground
Unit 1 - Range,Refrigerator,Washer,Dryer,Electric Water Heater, Unit 2 - Range,Exhaust Fan/Hood,Refrigerator,Washer,Dryer,Electric Water Heater
Other
Propane, Forced Air
Full,Finished,Drain Tiled,Sump Pump,Egress Window(s),Block
Egress Window(s)
Unit 1 - Kitchen Window, Unit 2 - Deck,Kitchen Window,Main Floor Master Bedroom
Exterior / Lot Features
0 Covered Parking Spaces, Open,Gravel
Other
Asphalt
155x422x140x354
Residential-Single Family
None
Irregular Lot,Tree Coverage - Medium
Driving Directions
From Isle go North on Hwy 47 from Isle approx 2 miles to home on the right.
Financial Considerations
$1,614

Isle Real Estate

Isle is located in Minnesota. Isle, Minnesota 56342 has a population of 808.

The median household income in Isle, Minnesota 56342 is $37,228. The median household income for the surrounding county is $38,963 compared to the national median of $50,013. The median age of people living in Isle 56342 is 54 years.

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Courtesy: Keller Williams Realty Profess
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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. This broker is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice.
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