NOT LISTED FOR SALE

143 E Harvey St Unit 25 S. 2nd Avenue E. Ely, MN 55731

6 Beds
6 Baths
3,740 Sq Ft
6,098 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $115,000 $31 Per Sq Ft

55 Days on Market

Highlights

  • City Lights View
  • Corner Lot
  • 1 Car Attached Garage
  • Memorial High School Rated 9+
  • Porch
  • Forced Air Heating System

About This Home

As of April 2021

Phenomenal opportunity to invest in one of Ely’s historic buildings. The main house is currently a 4-unit apartment building, with potential for additional units or another creative use. The back building is a duplex with a commercial rental and a nicely remodeled 2 bedroom apartment with beautiful woods floors. New Roof in 2019. Take advantage of investing in this thriving community with income potential. *SLLS* MOTIVATED SELLER!!!

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 12/14/2020

Co-Listed By

Anna Yahnke

Bear Island Realty LLC

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • City Lights Views
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Phone Available

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for internet service, cable TV
  • Assessor Parcel Number 030-0010-02720

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Class: MULTI-FAMILY
  • Directions: In Ely, take Sheridan Street to Second Avenue. Turn south and follow to Harvey Street. Property is on the north corner of Harvey & 2nd.
  • L O1 Office Phone1 Number: 218-365-2800
  • Tax Year: 2020
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Amenities Exterior: Porch
  • Appliances 1: Range/Stove, Refrigerator
  • Appliances 2: Dryer, Range/Stove, Refrigerator, Washer
  • Appliances 4: Range/Stove, Refrigerator
  • CondoPropertyType: Other
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2900
  • Below Grade Finished Sq Ft: 840
  • F I R E P L A C E2: No
  • Upper Level Totals:Fireplace3: No
  • Garage Type: Attached
  • Heat: Forced Air, Hot Water, Oil
  • Parking Number Garage Spaces: 1
  • TotalBedrooms: 6
  • MediaType: Multi-Family
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances 3: Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Unit Features:Fireplace4: No
  • Stories: 3 Story
  • Total Bathrooms: 6
  • Total Fin Square Footage: 3740

Exterior Features

  • Road Frontage: City, Paved, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Stucco

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Association/Amenities

  • AmenitiesFireplace1: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 50 x 125
  • Estimated Number of Acres: 0.14
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Telephone
  • Parcel Number: 030-0010-02720

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Internet Service, Cable TV

Tax Info

  • Tax Amount: 3974

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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List Price
Sold Price
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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
04/12/2021 04/12/21 Sold $115,000 +4.6% $31 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $109,900 -- $29 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kate Davies

    Seller's Agent in 2021

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    48 in this area

    167 Total Sales

    Kate Davies
    Section Image
  • Anna Yahnke

    Seller Co-Listing Agent in 2021

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    47 in this area

    176 Total Sales

    Anna Yahnke
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094385

Minnesota St Louis County Ely 55731

143 E Harvey St Unit 25 S. 2nd Avenue E., Ely, MN

Not Listed for Sale

MultiFamily

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