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12 Linney Street, Babbitt, MN 55706

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Listed By

Agency Name: Anchor Realty
Agency Phone: 612-501-2878

Shown By

Agency Title: Counselor Realty - Rochester
Agency Phone: (507) 285-9400

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Property 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.

12 Linney Street | MLS# 7036812

This multi-family property located at 12 Linney Street, Babbitt, MN 55706 is currently listed for sale with an asking price of $449,000. Linney Street is located within the St. Louis school district. Search Babbitt real estate on www.counselorrealtyofrochester.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Garage: 12
Heating: Forced Air, Fireplace(s)
Lot Size: 1.10 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $4,290
Year Built: 1977

Feature Descriptions

Days on Site: 64
Exterior: Block, Concrete, Frame
Foundation Size: 1730
Lot: Corner Lot
Lot Dimensions: 200x188
Owners Expense: Exterior Maintenance, HVAC Maintenance, Grounds Care, Repairs, Snow Removal
Parcel#: 105008000054
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities
Units: 4
Water: City Water/Connected

Local Schools

School District: St. Louis

Estimate Your Payment

Estimated Payment

$ 2,878.22 per month $2,389.77 Principal & Interest $357.50 Property Tax $130.96 Homeowner's Insurance

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