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Property view

6701 State Hwy 1, 
Finland, MN 55603

$472,000


6

Beds


4

Baths


4,834

Sq Ft


Single Family

Sold

Listed by

Neal Jacobi

Bought with Heirloom Realty, LLC

Heirloom Realty, LLC.

MLS#

6120354

Source:

MN DAAR

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About This Home

6701 State Hwy 1

Incredible opportunity to own a dual-unit vacation rental property on the scenic Baptism River. The main building is a fully renovated 5-bedroom retreat—formerly a bar and restaurant—offering generous space for large groups. A second 1-bedroom cabin sits just steps from the riverbank, perfect for couples or solo travelers. Both units have seen recent updates, including mini-split cold-climate heat pump systems, updated electrical, a new kitchen, new flooring, multiple new windows, a new deck, and fresh exterior paint. The property also benefits from a conditional use permit, streamlining ongoing short-term rental operations. Located across the street from a snowmobile/ATV trail and minutes from Tettegouche State Park, this is a sought-after destination for hiking, biking, fishing, and year-round outdoor adventure. Grossed $85,000 in rental revenue last year. Whether you're an investor seeking steady cash flow or a vacation rental owner looking for a turnkey North Shore asset in a prime recreation area—this property checks every box.

Home Facts

Single Family

4 Baths

6 Bedrooms

Built in 1940

Price Summary

495,000

$102 per Sq. Ft.

MLS #:

6120354

Sold:

October 1, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

4,834 Sq. Ft.


Structure

Structure

Building Area:

4,834 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

90,604


Finances & Disclosures

Finances

Price:

$495,000

Price per Sq. Ft:

$102 per Sq. Ft.

Source:MN DAAR
2026, Lake Superior Area REALTORS, Inc.