, Hoyt Lakes, MN 55750 (MLS# 7054566)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Owner Occupied: No
Waterfront YN: No
Year Built: 2010
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 13880
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 8.14
Lot Dimensions: Irr
Assessment Pending: No

Property Features

Accessible: Doors 36"+; Fully Wheelchair; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; No Stairs Internal; Roll-In Shower Air Conditioning: Central Air; Window Unit(s) Amenities Shared: Patio; Porch Basement: None CMU Style: Apartments/Multi Family; Business Opportunity Construction Status: Previously Owned Current Use: Other Exterior: Brick/Stone; Cement Board Foundation: None Fuel: Natural Gas Heating: Boiler; Forced Air; In-Floor Heating; Radiant Loan Terms: Cash; Contract for Deed; Conventional; Special Funding Lot Description: Tree Coverage - Medium On Site Utilities: Electric Common; Heating Common; Hot Water Common Roof: Composition Sewer: City Sewer/Connected Shared Rooms: Amusement/Party Room; Community Room Stories: One Wall Description: Drywall; Finished; Insulated Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 1900000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Hoyt Lakes
County: St. Louis
State: MN
Zip Code: 55750
Complex/Dev/Subdivision: Rls 94

Assessments

Tax With Assessments: 22788
Assessment Balance: 0

Building Information

Building Finished SqFt: 13880
Building SqFt: 13880

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 576

Sale Options

Sale Includes: Building, Fixture/Equipment, Land

Unit 1

No. of 1 Bedroom Units: 20

Unit Details

Total Units: 20

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: TRACT A
Listing City: Hoyt Lakes
Map Page: 999
Municipality: Hoyt Lakes
School District: Mesabi East
School District Phone: 218-229-3321
Zip Plus 4: 540
Property ID Number: 142005500010
Tax Year: 2026
Tax Amount: 22788
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Amazing opportunity in pristine location in Hoyt Lakes, MN. Turn-key 20-unit facility on 8.1 acres. Previously used as an assisted living facility…. Endless opportunity with over 13,000 sf. Built in 2010 this facility has been meticulously maintained.
Directions: Kennedy Memorial Hwy to property

Accessible

Doors 36"+: Yes
Fully Wheelchair: Yes
Grab Bars In Bathroom: Yes
Hallways 42"+: Yes
No Stairs External: Yes
No Stairs Internal: Yes
Roll-In Shower: Yes

Air Conditioning

Central Air: Yes
Window Unit(s): Yes

Amenities Shared

Patio: Yes
Porch: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Cement Board: Yes

Foundation

None: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Forced Air: Yes
In-Floor Heating: Yes
Radiant: Yes

Lot Description

Tree Coverage - Medium: Yes

Roof

Composition: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Amusement/Party Room: Yes
Community Room: Yes

Stories

One: Yes

Wall Description

Drywall: Yes
Finished: Yes
Insulated: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes
Business Opportunity: Yes

Current Use

Other: Yes

Loan Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
Special Funding: Yes