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Active Contingent
$450,000
/mo Edit
Multi-family:  Triplex
Built 2002
6,818 sqft1.56 acres
Grand Rapids schools
MLS# 6476258
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    Property Description

    Experience the allure of living on the water while turning your dreams into reality with this extraordinary property – "The Condos" on the Popple River. A triplex of unparalleled charm, this hidden gem is now welcoming new owners to embrace a lifestyle of natural beauty and income potential. Discover a home within your investment. Currently used as a residential space, features 2 bedrooms, a living room, kitchen/dining area, and a full bath. Your private oasis. Unit 2 is the cozy charm of "The Den, " accommodating up to 8 guests. This unit features 2 bedrooms, a full bath, a well-appointed kitchen, and a welcoming patio area. Whether it's a family getaway or an intimate retreat. Unit 3 "The Lodge, " a spacious retreat that can comfortably sleep up to 24 people. Boasting 6 bedrooms, 3 bathrooms, a generous living room, wet bar, fully equipped kitchen, dining area, and a loft/family room, this unit is an entertainer's dream. Popple River connects to Nature Lake & Round Lake

    Listing

    Contingency: Subject to Financing
    Price per sq ft: $66
    City: Squaw Lake
    County: Itasca
    State: MN
    Property Style: Triplex
    Zip Code: 56681
    Subdivision Name: Squaw Lake

    Interior

    Living Area: 6,818 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: None

    Exterior

    Stories: One and One Half
    Foundation Size: 6,174 ft2
    Handicap Accessible: No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System:
    • Fireplace(s)
    • Forced Air
    • Radiant Floor
    Parking Features: Concrete
    Shared Amenities: Dock
    Road Frontage: State Road
    Exterior Material: Fiber Board
    Roof Details: Metal

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: River
    DNR Lake ID#: 1000854
    WF Frontage: 533
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: River Front

    Lot & Land

    Acres: 1.56
    Geolocation: 47.628921, -94.137354
    Lot Dimensions: IRR
    Addl Parcels: 960173302
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: 318
    District Phone: 218-327-5704

    Expenses

    Annual Electric Expense: $5,930
    Annual Fuel Expense: $6,000
    Annual Gross Expense: None

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,487
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,532

    Income

    Annual Gross Income: $30,000

    Units

    Total Units: 3

    Miscellaneous

    Fuel System:
    • Electric
    • Propane
    Owner Occupied: Yes
    Sewer System: Private Sewer
    Water System:
    • Private
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of EDGE OF THE WILDERNESS REALTY.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.