For Sale: Hill City MLS# 7160984
Active
$194,900
Condo/Townhome: Low Rise (3- Levels)
2 br • 2 ba • Built 1978
1,302 sqft • 0.025 acres
Hill City schools
MLS# 7160984
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Property Description
Looking for a full-time home, vacation getaway or fantastic income-producing property? This fully furnished, second-floor, 2-bedroom w/loft, 2 bath villa in beautiful Hill City offers an incredible opportunity. You can live in both sides or live in one side and rent the other side or rent both.
Excellent rental income & investment potential. Projected 2026 financials, the villa is expected to generate close to $44, 000 in annual rental revenue and approximately $25, 000 in adjusted projected net operating income. Detailed financial statements are available upon request.
This unique villa features 2 separate living spaces, each with its’ own private exterior entrance and deck, and there is an interior connecting door allowing both sides to function as one larger residence. Perfect for a mother-in-law suite, extended family, private guest quarters or potential rental income.
Side A features a spacious residence with soaring ceilings, beautiful wood-paneled walls, exposed beams, skylights and a stunning brick wood-burning fireplace. The open concept living and dining area offers plenty of room to entertain while the full kitchen, spacious loft and private deck add to the charm and functionality of this inviting residence.
Side B is a beautifully renovated studio that has been completely remodeled with modern finishes throughout. Featuring a kitchenette, updated bathroom with a spacious walk-in shower and a private deck overlooking the golf course.
The villa boasts recent improvements including newer washer/dryer, 80 gal. water heater, PTAC heating and cooling units, sliding glass doors and exterior entry door.
The villa also has a designated spot on the property to be able to build a one or two car garage. Dock slips are available for purchase, if available. With access to Hill Lake (fishing is phenomenal), to 100’s of miles of ATV trails out your front door, and less than 2 miles from restaurants/bars in Hill City or 18 miles to Grand Rapids, what else could you ask for? Check it out today.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$194,900
Price per sq ft:
$150
Property Type:
Condo/Townhome
City:
Hill City
Garage Spaces:
0
County:
Aitkin
Year Built:
1978
State:
MN
Property Style:
Low Rise (3- Levels)
Zip Code:
55748
Subdivision Name:
Vacation Villas Condo 3
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
1,302 ft2
Total Fireplaces:
1
Living Area:
1,302 ft2
Common Wall:
Yes
Appliances Included:
- Dishwasher
- Dryer
- Electric Water Heater
- Exhaust Fan
- Microwave
- Range
- Refrigerator
- Washer
Fireplace Details:
Wood Burning
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Wall Unit(s)
Foundation Size:
1,068 ft2
Handicap Accessible:
None
Road Responsibility:
Association Maintained Road
Heating System:
- Baseboard
- Fireplace(s)
Parking Features:
Parking Lot
Unit Amenities:
- Deck
- Main Floor Primary Bedroom
- Natural Woodwork
- Skylight
- Vaulted Ceiling(s)
- Washer/Dryer Hookup
Road Frontage:
- Paved Streets
- Private Road
Exterior Material:
Frame
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- Full Primary
- Main Floor 3/4 Bath
- Main Floor Full Bath
- Private Primary
- Walk-In Shower Stall
Dining/Kitchen:
- Breakfast Bar
- Informal Dining Room
Laundry:
- Electric Dryer Hookup
- In Unit
- Main Level
| Upper Level | Size | Sq Ft |
|---|---|---|
| Loft | 13 x 21 | 273 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 12 x 17 | 204 |
| Kitchen | 8 x 9 | 72 |
| Living Room | 18 x 21 | 378 |
| Studio | 12 x 16 | 192 |
Lake & Waterfront
Waterfront Present:
N
Waterfront:
Association Access
Lot & Land
Acres:
0.025
Geolocation:
46.981382, -93.589909
Lot Dimensions:
Unknown
Zoning:
Residential-Single Family
Schools
School District:
2
District Phone:
2186972394
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,728
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,728
Association Fee Required:
Yes
Association Fee:
$400
Association Fee Frequency:
Monthly
Association Fee Includes:
- Building Exterior
- Hazard Insurance
- Lawn Care
- Maintenance Grounds
- Parking
- Sanitation
- Sewer
- Snow Removal
- Water
Association Company:
Omega Management
Association Company Number:
7634499100
Miscellaneous
Fuel System:
- Electric
- Wood
Sewer System:
City Sewer/Connected
Water System:
- Shared System
- Well
Power Company Name:
Lake Country Power
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of National Realty Guild.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.