Home of successful businesses for over 60 years, the potential for development of this beautiful corner in almost unlimited. Presently, an income producing property with 12 rental units, 2 garages and owner's 3 bdrm home and garage. Collecting a total of $7,900 per month - No rent collected on the main house which can be owner occupied or rented out. Most leases are held month to month. There are 4 efficiency apts. Most are 1 bedroom. Double wide home has two bedrooms and laundry. Value is mostly in the land and its excellent location, but rental units should keep producing income for a few years. Property has frontage on hwy and Ugstad Rd. Currently runs on 2 septic systems, which can be converted to Hermantown sewer system in the future though not a requirement at this time. Brokered And Advertised By: My Place Realty, Inc. Listing Agent: Sherri Underthun
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.