1027 Chapman ST Pending Save Request In-Person Tour Request Virtual Tour
Ely,MN 55731
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 2,144 sqft
Price per Sqft $83
Subdivision Whiteside Park Add To Ely
MLS Listing ID 6755734
Style (SF) Single Family
Bedrooms 4
Full Baths 2
Year Built 1915
Annual Tax Amount $3,068
Property Description
Spacious 4-Bed, 2-Bath Family Home in Ely, MN – With Income Potential! Welcome to this versatile home located on the east end of Ely—perfect for growing families or those looking to offset their mortgage with rental income. This property offers two fully functional living spaces, with a kitchen and living room on both floors. Ideal for multi-generational living, a mother-in-law suite, or a long-term or short-term rental. Restored maple flooring adds warmth and charm throughout, newer tip-out windows bring in natural light and are easy to clean. Sitting on five city lots, there's ample space for kids to play, gardening, or building a future garage or workshop. Located in a residential area close to schools, parks, and downtown Ely. Live comfortably on the main floor and rent out the upper level for extra income. Great opportunity to own a home with built-in rental flexibility Could also serve as a seasonal cabin or vacation rental (VRBO, Airbnb). A great opportunity!
Location
State MN
County St. Louis
Community Whiteside Park Add To Ely
Interior
Heating Baseboard,Hot Water
Cooling None
Exterior
Parking Features Uncovered/Open
Roof Type Asphalt Shingles
Building
Lot Description Corner Lot
Water City Water/Connected
Structure Type Frame
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional