Cozy home in the Center of town. This charming 1 BD, 1 BA home is located in the quaint town of Biwabik, Minnesota. The property sits on a nice lot and offers easy access to the beautiful natural surroundings of the area. While the home could use some TLC, it features several recent updates that add value. The owners have installed a brand new high-efficiency forced air furnace, ensuring comfortable heating throughout the colder months. The electrical and plumbing systems have also been refreshed, providing some peace of mind. With elbow grease, this home could make a cozy retreat or starter home in a lovely Northwoods setting. The large windows allow natural light to fill the interior, hardwood floors throughout the livingroom and bedroom compliment the modest floor plan. Biwabik offers small-town living with convenient access to outdoor recreation in the Superior National Forest and on the nearby lakes. This affordable home is priced to sell and provides plenty of potential for the right buyer willing to put in a little work. Call for a tour!
Here is a chance to own an amazing building with a multitude of updates and is an entrepreneurs dream! This building currently has a full 3 bedroom apartment on the upper level with a bright and airy living room, updated bathroom and kitchen, main level is set up for large group rentals that sleep 24+ people, 4 completely updated bathrooms which includes a full handicap bathroom, kitchen area, living room area, game room, and two areas that could be converted into commercial/storefront space with separate bathrooms for each. Major updates include: roof, furnace, electrical, exterior walls, windows, insulation, water heaters, and an added storage space above garage.
The median home value in Biwabik, MN is $77,200. This is lower than the county median home value of $153,000. The national median home value is $219,700. The average price of homes sold in Biwabik, MN is $77,200. Approximately 50.81% of Biwabik homes are owned, compared to 26.22% rented, while 22.97% are vacant. Biwabik real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Biwabik real estate agent to arrange a tour today!
Biwabik, Minnesota 55708 has a population of 852. Biwabik 55708 is less family-centric than the surrounding county with 15.34% of the households containing married families with children. The county average for households married with children is 26.75%.
The median household income in Biwabik, Minnesota 55708 is $33,409. The median household income for the surrounding county is $50,936 compared to the national median of $57,652. The median age of people living in Biwabik 55708 is 47.1 years.
The average high temperature in July is 76.5 degrees, with an average low temperature in January of -1.7 degrees. The average rainfall is approximately 28.4 inches per year, with 61.3 inches of snow per year.