NOT LISTED FOR SALE

107 W Harvey St Ely, MN 55731

6 Beds
4 Baths
2,600 Sq Ft
3,920 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $244,000 $94 Per Sq Ft

272 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Detached Garage
  • Memorial High School Rated 9+
  • Lower Floor Utility Room
  • Walk-In Closet

About This Home

As of May 2023

Beautifully updated 4-Plex in a convenient Ely location. This building has been meticulously cared for and has great rental history! Beautiful wood flooring, updated bathrooms with tile, and newer propane heat in each unit. Building has newer roof, siding, windows and insulation added. City utilities and propane are all set up to be separated. Shared coin operated laundry, 1-car garage and an additional off-street parking space. This property cash flows and there’s room for growth. Come take advantage of this investment opportunity in one of the few quality rentals in the city.

Last Agent to Sell the Property

Anna Yahnke

Bear Island Realty LLC Listed on: 07/08/2022

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 125
  • Elevated Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 030-0260-01110

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Coin Laundry
  • Utility Expense $7,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,563

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Directions: In Town
  • InternetOptions: Cable, DSL, Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • Taxes With Assessments: 1688
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Property Info:Total 34 Baths2: 1
  • Amenities3: Hardwood Floors
  • Amenities4: Hardwood Floors, Walk-In Closet
  • Amenities Exterior: Fenced Yard - Partial
  • Appliances 1: Microwave, Range/Stove, Refrigerator
  • Appliances 2: Microwave, Range/Stove, Refrigerator
  • Appliances 4: Microwave, Range/Stove, Refrigerator
  • ApxYrUtilityExp: 7700
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2600
  • Garage Type: Detached
  • Heat: Space/Wall Heater, Propane, Electric
  • Laundry: Coin Operated Owned, Shared
  • Parking Number Garage Spaces: 1
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 6
  • MediaType: Fourplex
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances 3: Microwave, Range/Stove, Refrigerator
  • Basement Features: Unfinished, Storage, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 4
  • Total Fin Square Footage: 2600

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl, Wood

Garage/Parking

  • Parking Driveway: Off Street, Street, Driveway - Gravel
  • Garage Features: Slab

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Association/Amenities

  • AmenitiesOtherAmenities1: Ceiling Fans, Hardwood Floors, Walk-In Closet
  • Association Fees Include:Amenities2: Hardwood Floors

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 33 X 125
  • Estimated Number of Acres: 0.09
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High, Level
  • Parcel Number: 030-0260-01110

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: None

Tax Info

  • Tax Amount: 1563

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $244,000 -11.3% $94 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
07/08/2022 07/08/22 For Sale $275,000 -- $106 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anna Yahnke

    Seller's Agent in 2023

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    47 in this area

    177 Total Sales

    Anna Yahnke
    Section Image
  • Kate Davies

    Seller Co-Listing Agent in 2023

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    48 in this area

    168 Total Sales

    Kate Davies
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104164

Minnesota St Louis County Ely 55731

107 W Harvey St, Ely, MN

Not Listed for Sale

MultiFamily

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