1027 E Chapman St
Ely, MN 55731
MLS #6033409

Multi-Family
  • 2units
  • 1,500sq ft
$139,900
Est. P&I payment: $534.32/mo
1027 E Chapman St, Ely, MN 55731
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Description for 1027 E Chapman St, Ely, MN 55731
Excellent opportunity to own a reliable income producing property at a very reasonable price. This large 2 story house is located on 5 city lots so there is room to grow! Plenty of room for future projects like a garage or another duplex! This duplex is well maintained with 2 bedrooms on each level. The lower apartment has the classic living room, dining room, large kitchen with 2 bedrooms and bath. There is also a sunny 3-season front porch. The upstairs apartment has two large bedrooms, kitchen, living room and a bathroom with the original claw foot bathtub with surround shower. This property has great potential for the owner to live in one apartment, while helping to pay the mortgage from the rental of the other apartment. Of course, there is the possibility of turning it back into a single-family dwelling with a kitchen and bath on each floor. In the 15 years since the present owners purchased the property, they have made many upgrades to the house, including: New electrical wiring, new plumbing, blown in insulation in the walls and attic, new low e argon tip in windows thru out the house, vinyl exterior siding and trim, aluminum soffits and facia, new propane furnace with dual level control, newly shingled roof with ridge vent, refinished maple floors and new hot water heater. House is in excellent move in condition, comes furnished and has an excellent rental history. Current owners pay heat and utilities. Tenant responsible for phone, internet, and cable.
MLS #6033409
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My Notes for MLS #6033409

General Features

  • Type: Multi-Family
  • Approx Number of Acres: 0.4
  • Number of Units: 2
  • Waterfront: No
  • Property Style: Duplex
  • Stories: 2 Story
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Finished SqFt-Above Grade: 1,500
  • Total Finished SqFt: 1,500
  • Foundation SqFt: 1,500
  • Unit SqFt 1: 775
  • Unit SqFt 2: 775
  • Approx Lot Dimension: 150 x 125

Exterior Features

  • Foundation Dimensions: 34 x 22
  • Exterior: Vinyl
  • Garage Type: None
  • Roof: Asphalt Shingles

Interior Features

  • Total Number of Bedrooms 1: 2
  • Total Number of Bathrooms 1: 1
  • 3/4 Baths 1: 1
  • Full Baths 2: 1
  • Total Number of Bathrooms 2: 1
  • Total Number of Bedrooms 2: 2
  • Total Number of Rooms 1: 6
  • Total Number of Rooms 2: 6
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Basement Features: Unfinished

Utilities Features

  • Fuel: Propane
  • Heat: Boiler,​Radiant
  • Sewer: City
  • Water: City
  • Air conditioning 1: None
  • Appliances 1: Range/Stove,​Refrigerator
  • Appliances 2: Range/Stove,​Refrigerator

School Features

  • School District: Ely #696

Misc Features

  • Construction Status: Previously Owned
  • Number Off Street Parking: 6
  • Foundation Size: 748
  • Construction Type: Frame/Wood
  • Road frontage: City
  • Amenities 1: Hardwood Floors,​Natural Woodwork
  • Amenities 2: Eat-In Kitchen,​Hardwood Floors,​Natural Woodwork

Location

 
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Directions to 1027 E Chapman St, Ely, MN 55731
In Ely, take Sheridan Street to 11th Ave. Turn south and follow to Chapman St. Turn right and go to 1027 on the north side of the street.
The listing information for 1027 E Chapman St, Ely, MN 55731 was graciously provided by our friends at the listing brokerage, Bear Island Land Co., Inc

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P&I Payment $534.32
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on My Place Realty, Inc.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. My Place Realty, Inc., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/19/2018 at 7:47pm
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