Description
Two units, multiple possibilities, and income potential. Whether you're looking to offset your mortgage or expand your investment portfolio, this Bovey duplex deserves a closer look. The main floor offers a 2 bedroom, 1 bath unit renting for $1,000/month, while the upper level features a 2 bedroom, 0.75 bath unit that previously rented for $950/month, offering a combined $1,950 in monthly rental income. The lower level adds versatility with bonus space featuring a kitchenette and bath with shower. Outside, you'll appreciate the spacious, fenced yard spanning three lots that have been surveyed with property markers. The intentional upgrade of solar installation and new electrical meters in 2025 serve the house and garage for energy efficiency. The garage floor has also been prepped for fresh concrete. Live in one unit while generating income from the other, or rent both and enjoy the benefits of an investment property.
Details
| MLS # | 7163641 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 15 |
| Listing Provided By | COLDWELL BANKER NORTHWOODS | Morgan Hopkins |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,620 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.27 |
Interior
| Heating | Baseboard, Forced Air |
|---|
Exterior
| Roof | Asphalt |
|---|
Parking
| Parking Features | Detached Garage, Gravel |
|---|
Taxes
| Property | 1443 |
|---|
Area Information
| State | MN |
|---|---|
| County | Itasca |
| City | Bovey |
| Zip Code | 55709 |
| Community Name | Bovey |
| School District | 316 |
| High School | Greenway |
| Listing VS Median (in Bovey) | |
Price: $180,000 low | high Med: $224,950 sqft: 1,620 low | high Med: 3,087 $ / sqft: $111 low | high Med: $85 On site: 15 low | high Med: 15.5 | |
Market Activity 55709
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Itasca |
| City | Bovey |
| Zip Code | 55709 |
| Community Name | Bovey |
| School District | 316 |
| High School | Greenway |
| Listing VS Median (in Bovey) | |
Price: $180,000 low | high Med: $224,950 sqft: 1,620 low | high Med: 3,087 $ / sqft: $111 low | high Med: $85 On site: 15 low | high Med: 15.5 | |
 | $138,500306 7th AvenueBovey, MN 55709 |