523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
SEE ALL PHOTOS
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
523 NW 7th Avenue
Sold

523 NW 7th Avenue

523 NW 7th Avenue, Grand Rapids, MN 55744

$300,000
Variance Approved for 7 more units , total of 9 possible units! Great potential in this multifamily apartment building. 17,800 total square feet. Great GR location close to parks, shopping, and amenities. With some sweat equity and vision, this can be a tremendous investment opportunity. 2 units are finished and have been rented for years at $2,750 total per month. Remaining build-out could potentially have 7 more units. View supplement info for renderings on the potential layout. Much of the infrastructure has been completed water/sewer/electric is set up in the building. Zoned LB so some possible commercial applications also.

Studio

3,720 Sq.Ft. LIVING AREA

0.41 Acres lot

Luke Garner

Luke Garner

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area3,720 Sq.Ft.
  • Lot Area0.41 Acres
  • MLS® ID6130442
  • TypeCondo
  • YEAR BUILT1950
  • School DistrictGrand Rapids

Exterior

  • STORIES2
  • water SourceCity Water/Connected, City Water - In Street
  • roofAsphalt
  • lot featuresCorner Lot
  • parkingOn-Street Parking Only, Paved
  • HEAT TYPEBaseboard
  • sewerCity Sewer/Connected
  • Disability FeaturesDoors 36

Financial

  • Sales Price$300,000
  • Real Estate Tax $5,370/yr
523 NW 7th Avenue
523 NW 7th Avenue

With some sweat equity and vision, this can be a tremendous investment opportunity.

– Luke Garner
523 NW 7th Avenue

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