1 month on rocket

305 Main Ave, Bigfork, MN, 56628

$110,000

Home List Price

$1,306*

Closing Credit

0 Baths
3,400 SqFt
$32/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

305 Main Ave, Bigfork$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingAsphalt
Year Built1960
HeatingForced Air
BasementYes
MLS #6599932
StatusActive

About 305 Main Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: GRAND PROPERTIES REAL ESTATE

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Asphalt

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Bigfork Secondary School, Public District Grades 7-12
  • Bigfork Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Follow hwy 38 to address. no sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $32/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Bigfork, MN.

Map thumbnail provided by MapBox

Bigfork, MN

City

Med. Sold Price

$250.9K

Med. Price/SqFt

$211

Avg. Days On Market

52

# of Sold Homes

3

305 Main Ave vs Bigfork

55 DAYS ON ROCKET

+3 Days

$110,000

-$140.9K Less

$32/SqFt

-$180 Less

KEY TAKEAWAY

This property is $140.9K less than the Median Sold Price and $180/SqFt less than other homes in Bigfork, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6599932

Listing Office:

  • Office Name: GRAND PROPERTIES REAL ESTATE

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web 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℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2008592
6
/10

  • Bigfork Elementary School

  • 100 Huskie Blvd

  • 0.11 miles

  • Public District Grades KG-6

High School

school-card-donut-2008593
3
/10

  • Bigfork Secondary School

  • 100 Huskie Blvd

  • 0.11 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,222. Residents of Bigfork, MN typically earn less than $35k each year. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Itasca County›Bigfork›56628›305 Main Ave

This home is located at 305 Main Ave in Bigfork, MN and zip code 56628. This 3,400 square foot home was built in 1960. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $110,000.

In October 2024, from all listings sold in Bigfork, MN there were more than 1 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. Between September 2024 and October 2024, Bigfork, MN real estate market has seen decrease in the number of listings by 11.8%. The median list price of listings available in October 2024 was $250,900, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources