42462 Highway 47 Isle, MN 56342

Listing details for 42462 Highway 47, Isle, MN 56342 : Mille Lacs Lake area apartment building with 2 large upper/lower units each with separate entrances and is conveniently located only 2 miles north of Isle, MN on a large 1 ¼ acre yard. Each unit is 1144 sq ft with many updates and each unit has its own washer/dryer.. The upper unit features 2 bed/2 full baths, full kitchen and dining room. Lower unit features 2 bed/1 full bath and kitchen with eat in dining area. This complex is smoke free. This building could easily be converted to a large single-family home. This could make a fantastic investment rental property and a 1031 exchange is available. Taxes are very low. This apartment or large home conversion option is a rare find in the Isle area. There is a very high demand for rental space in the Isle area.