c.1914 Four Bedroom Minnesota Fixer Upper $40K
$40,000
The main floor of this Minnesota fixer upper offers exceptional versatility, featuring a dedicated dining area that can effortlessly transform into a charming breakfast nook or a grand butler’s pantry to suit your lifestyle. Adjacent to this flexible space, the formal dining room serves as an elegant centerpiece, bathed in fantastic natural light that enhances the home’s inviting atmosphere. Whether you envision quiet morning coffees or hosting sophisticated evening gatherings, this layout provides the perfect sun-drenched backdrop.
Realtor Comments
This 4 bedroom house has opportunity! With a solid footprint this home could be transformed into a fantastic residence or investment property. Whether you’re looking to renovate and build equity or create your dream home from the ground up, this is a chance to bring new life into a property with great bones. Sold as-is.
- bed
- bath
- Circa 1914
417 14th St N, Virginia, MN 55792
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Rebekkah Anderson
Pros of Living in Virginia
-
Extreme Affordability: Virginia remains one of the most affordable places to live in Minnesota. The median home value is approximately $127,500, significantly lower than both the state and national averages.
-
Heart of the Iron Range: As a regional hub, the town provides amenities typically found in much larger cities, including a regional hospital (Essentia Health-Virginia), the Thunderbird Mall, and a variety of local dining options.
-
Outdoor Recreation: You are surrounded by the Superior National Forest and thousands of lakes. The Mesabi Trail, a 135-mile paved cycling and hiking trail, runs right through town, and world-class skiing at Giants Ridge is only a 20-minute drive away.
-
Short Commutes: The average commute time is roughly 11 minutes. Traffic is virtually non-existent, and the city’s compact “grid” layout makes it very walkable in the warmer months.
-
Industrial Opportunity: The local economy is stabilized by the taconite mining industry. Nearby facilities like Minntac provide high-paying union jobs that support a middle-class lifestyle for many residents.
Cons of Living in Virginia
-
Higher Crime Rates: For its size, Virginia has a surprisingly high crime rate. It frequently ranks among the top ten most dangerous cities in Minnesota per capita, primarily driven by property crimes and issues related to regional substance abuse.
-
Economic Volatility: The town’s prosperity is deeply tied to the steel industry. When global iron ore prices drop or mining operations slow, the local economy feels the impact immediately, leading to a “boom or bust” cycle.
-
Harsh “Northwoods” Winters: Located deep in Northern Minnesota, winters are long and intensely cold. Annual snowfall averages around 61 inches, and temperatures can stay below zero for weeks at a time, leading to high heating and snow-removal costs.
-
Aging Infrastructure: While there are efforts to revitalize the downtown area (Chestnut Street), many residential neighborhoods feature aging homes and commercial buildings that require significant upkeep.
-
Limited Career Diversity: Outside of healthcare, mining, and education, professional career paths are limited. Young professionals in tech or corporate sectors often find they need to look toward Duluth or the Twin Cities for advancement.
