520 7th Avenue, Two Harbors, MN 55616 (MLS# 7079068)

Overview

Description

Welcome to your next great investment — or your next great home. This beautifully renovated, fully furnished 3-bedroom, 2-bathroom property nestled in the heart of downtown Two Harbors is as perfect for a growing family as it is for savvy investors. Active short-term rental properties in this beloved North Shore destination are incredibly rare, and finding one that is truly turnkey — furniture, décor, and everything in between already in place — is even rarer. Whether you're looking for a full-time residence, a vacation getaway that pays for itself, or a high-demand addition to your rental portfolio, you can start living or earning from day one. Burlington Bay Beach is just 2 blocks away and Agate Bay Beach and Lighthouse Point only 7 blocks to the south, with downtown shops and dining right outside the door and convenient off-street parking for you and your guests. However you choose to use it, this is the opportunity you've been waiting for on the shores of Lake Superior.

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Other Parking Spaces: 2
Waterfront Present: No
Year Built: 1908
Yearly/Seasonal: Yearly
Zoning: Other
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 643
Above Grd Total SqFt: 1278
Below Grd Total SqFt: 546
Total SqFt: 1824
Total Finished Sqft: 1352.00
FireplaceYN: No
Style: (SF) Single Family
Foundation Size: 546
Garage Stalls: Yes
Lot Dimensions: 70x75
Acres: 0.12
Assessment Pending: No
# Carport Spaces: 0
Number of Fireplaces: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Window Unit(s) Amenities Unit: Ceiling Fan(s); City View; Hardwood Floors; Kitchen Window; Natural Woodwork Appliances: Cooktop; Dishwasher; Dryer; Freezer; Microwave; Refrigerator Basement: Concrete Block; Full; Partially Finished; Sump Pump Bath Description: Upper Level Full Bath; 3/4 Basement Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Separate/Formal Dining Room Exterior: Slate Family Room Characteristics: Family Room Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Laundry: Lower Level Lot Description: Cleared Outbuildings: Additional Garage Rental License Type: Airbnb Road Frontage: City Street; Sidewalks Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 339000
ListPrice: 339000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 520
Street Name: 7th
Street Suffix: Avenue
Postal City: Two Harbors
County: Lake
State: MN
Zip Code: 55616
Complex/Dev/Subdivision: Minnesota Iron Companys First

Assessments

Tax With Assessments: 3768
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1278
Finished SqFt Below Ground: 74

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: unknown

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: W1/2
Listing City: Two Harbors
Map Page: 999
Municipality: Two Harbors
School District: Lake Superior
School District Phone: 218-834-8216
Zip Plus 4: 5228
Property ID Number: 23766136025
Tax Year: 2025
Tax Amount: 3671
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to your next great investment — or your next great home. This beautifully renovated, fully furnished 3-bedroom, 2-bathroom property nestled in the heart of downtown Two Harbors is as perfect for a growing family as it is for savvy investors. Active short-term rental properties in this beloved North Shore destination are incredibly rare, and finding one that is truly turnkey — furniture, décor, and everything in between already in place — is even rarer. Whether you're looking for a full-time residence, a vacation getaway that pays for itself, or a high-demand addition to your rental portfolio, you can start living or earning from day one. Burlington Bay Beach is just 2 blocks away and Agate Bay Beach and Lighthouse Point only 7 blocks to the south, with downtown shops and dining right outside the door and convenient off-street parking for you and your guests. However you choose to use it, this is the opportunity you've been waiting for on the shores of Lake Superior.
Directions: HWY 61 N to home on the right

Accessible

None: Yes

Air Conditioning

Window Unit(s): Yes

Amenities Unit

Ceiling Fan(s): Yes
City View: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Refrigerator: Yes

Basement

Concrete Block: Yes
Full: Yes
Partially Finished: Yes
Sump Pump: Yes

Bath Description

Upper Level Full Bath: Yes
3/4 Basement: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Separate/Formal Dining Room: Yes

Exterior

Slate: Yes

Family Room Characteristics

Family Room: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Lower Level: Yes

Lot Description

Cleared: Yes

Outbuildings

Additional Garage: Yes

Rental License Type

Airbnb: Yes

Road Frontage

City Street: Yes
Sidewalks: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes