Property Listing
Description
Outstanding multi-family opportunity in the heart of Babbitt! This well-maintained 4-plex offers the perfect setup for both investors and owner-occupants. Live comfortably in the spacious owner’s unit while rental income from the additional units and detached garages helps offset your monthly mortgage expenses, or maximize the property as a full income-producing investment. The property has seen numerous recent improvements, including new roofs on both buildings, updated siding, and fresh exterior paint, providing peace of mind for years to come. Tenants enjoy access to a shared laundry area, while the owner’s unit features private laundry and a cozy gas fireplace that adds warmth and character to the space. Additional upgrades include newer windows and other key updates throughout the property. Conveniently located near lakes, parks, snowmobile and ATV trails, and endless outdoor recreation, this property combines strong rental potential with a desirable northern Minnesota location. Whether you’re a first-time buyer looking to build equity while tenants contribute toward your housing costs or an investor searching for a solid addition to your portfolio, this property offers exceptional opportunity and long-term potential.
Property Information
Status: Active
Sub Type: ********
List Price: $425,000
MLS#: 7036812
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: