Tofte, MN 160k Grossing Townhome

Unit 60 at Bluefin Bay is the largest style of a townhome at Bluefin Bay and the highest-earning style. In 2021, it grossed over $160,000 in annual short-term rental income, making it an ideal investment as well as a place for your family and friends to appreciate for years to come. Panoramic views and custom interior appointments set Unit 60 apart from its neighbors. The townhome has been elegantly and tastefully appointed with high-quality furnishings, custom materials, and master craftsmanship. This unit can be locked out and divided into three separate rentals to maximize rental performance and flexibility for personal use. Become a part of the Bluefin Bay Family of Resorts, voted Minnesota’s Favorite Resort, and enjoy the lifestyle you’ve dreamed of for years.

Listed by:

Eric Frost 218.370.1362

Coldwell Banker North Shore

Source: Lake Superior Area Realtors, MLS#: 6101895

See more details for 7134 W Highway 61 #60, Tofte, MN 55615 on Zillow

Facts and features

• Condo/twnhouse/twin/patio
• 3 bedrooms
• 3 bathrooms
• Built in 1994
• Propane
• Ductless
• Open parking
• $1,386 monthly HOA fee
• $412 price/sqft

Interior details

Bedrooms and bathrooms

• Bedrooms: 3
• Bathrooms: 3
• Full bathrooms: 2
• 3/4 bathrooms: 1

Basement

• Basement: Utility Room,Block

Heating

• Heating features: Propane

Cooling

• Cooling features: Ductless

Other interior features

• Total structure area: 1,760
• Total interior livable area: 1,760 sqft
• Finished area above ground: 1,760
• Finished area below ground: 0
• Total number of fireplaces: 2
• Fireplace features: Wood Burning

Property details

Parking

• Parking features: Asphalt, No Garage
• Has uncovered spaces: Yes

Property

• Levels: Two
• Stories: 2
• Pool features: Heated, In Ground, Indoor, Outdoor Pool, Community
• View description: Panoramic
• Waterfront features: Lake Superior, Waterfront Access(Shared), Shoreline Characteristics(Rocky)
• Waterbody name: Lake Superior
• Frontage length: 2500

Lot

• Lot size: 1,000 sqft
• Lot size dimensions: 25X40

Other property information

• Parcel number: 250610203

Construction details

Type and style

• Home type: Condo
• Property subType: Condo/Twnhouse/Twin/Patio

Material information

• Construction materials: Frame/Wood, Wood Siding
• Foundation: Slab
• Roof: Wood

Condition

• Property condition: Previously Owned
• New construction: No
• Year built: 1994

Utilities / Green Energy Details

Utility

• Electric information: Arrowhead Electric
• Sewer information: Public Sewer
• Water information: Public

Community and Neighborhood Details

Location

• Region: Tofte

HOA and financial details

HOA

• Has HOA: Yes
• HOA fee: $1,386 monthly
• Amenities included: Landscaping, Management, Parking, Recreation Facilities
• Services included: Controlled Access, Maintenance Structure, Security Staff, Shared Amenities, Snow Removal, Trash, Water, Insurance, Cable/Satellite

Other financial information

• Annual tax amount: $6,024

Other

Other facts

• Price Range: $725K – $725K
• Listing Terms: Cash,Conventional
• Road surface type: Paved