Property Listing
Description
OUTSTANDING 4-PLEX INVESTMENT OPPORTUNITY IN THE HEART OF BABBITT! Well-maintained multi-family property offering an excellent opportunity for investors or an owner-occupant looking to build equity while rental income helps offset expenses. The spacious owner’s unit provides comfortable living space, while the additional units and detached garages offer strong income potential. Numerous recent improvements include new roofs on both buildings, updated siding, fresh exterior paint, newer windows, and additional updates throughout. Tenants have access to a shared laundry area, while the owner’s unit features private laundry and a cozy gas fireplace. The property is conveniently located near lakes, parks, snowmobile and ATV trails, and year-round outdoor recreation, making it an attractive location for renters and outdoor enthusiasts. Whether you're looking to house-hack and have tenants help with the mortgage or add a solid income-producing property to your investment portfolio, this 4-plex offers flexibility, desirable improvements, and long-term potential. Don't miss this opportunity to own income-producing real estate in Babbitt!
Property Information
Status: Active
Sub Type: ********
List Price: $425,000
MLS#: 7133459
Current Price: $425,000
Address: 12 Linney Street, Babbitt, MN 55706
City: Babbitt
State: MN
Postal Code: 55706
Geo Lat: 47.712985
Geo Lon: -91.939774
Subdivision: Babbitt Lands In The City
County: St. Louis
Property Description
Year Built: 1977
Lot Size SqFt: 47916
Gen Tax: 4290
Specials Inst: 240
High School: St. Louis County
Square Ft. Source:
Above Grade Finished Area: 3460
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 1730
Style: Array
Total Bedrooms: 8
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 12
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: