$474,900 Price Analysis   ♡   Duluth, MN 55812 10 bed 6 bath 4,232 SqFt ($112/SqFt) 4,792SqFt lot. Built 1920 Listed 2024-04-09, Taxes $6,080 | Ⓧ USDA Ineligible due to location near Duluth |
Centrally located in the prime East End area
* Sale Pending *This 6-unit building presents a lucrative investment opportunity for investors. Five of the six units are already rented, offering immediate income generation. With some sweat equity, the vacant un it can be upgraded to enhance its value further. The prperty features coin-operated laundry, ensuring additional income streams.
Tenants are responsible for electric and trash, while the owner covers water, sewer and gas expenses. Situated within walking distance to colleges, on a bus line and close to Lake Superior, Lakewalk and Downtown, this property boasts excellent rental potential and convenience. Don't miss the chance to expand your rental portfolio with this rare find!
Presented by Jordan Decaro at
RE MAX Results.
Property MLS #6113026 from LakeSuperiorAreaRealtors
Lot Size Dimensions: 50X97
Lot Size Square Feet: 4792
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Furnished Description: Range/Stove, Refrigerator
Unit-2 Furnished Description: Range/Stove, Refrigerator
Unit-3 Furnished Description: Range/Stove, Refrigerator
Unit-4 Furnished Description: Range/Stove, Refrigerator
Unit-1 Square Feet: 600
Unit 1 Total Actual Rent: 791.95
Unit 2 Total Actual Rent: 933.9
Unit 3 Total Actual Rent: 1006.95
Map directions Map directions Map directions Map directionsSource Listing Status: PENDING
County: St. Louis County
Directions: 21st Ave E, turn right on Superior St, property will be on your right.
Tax Year: 2024
Source Property Type: MULTI-FAMILY
Area: LSAR
Source Neighborhood: LSAR
Parcel Number: 010-1480-02160
Property Subtype: 5-10 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $286,000 + $16,700 $302,700 | $6,080 |
| 2021 | $259,100 + $63,000 $322,100 | $6,322 |
| 2020 | $259,100 + $63,000 $322,100 | $6,508 |
| 2019 | $215,900 + $52,500 $268,400 | $5,378 |
| 2018 | $215,900 + $52,500 $268,400 | $5,058 |
| 2017 | $215,900 + $52,500 $268,400 | $5,044 |
| 2016 | $242,500 + $26,500 $269,000 | $4,918 |
| 2015 | $242,500 + $26,500 $269,000 | $5,048 |
| 2014 | $256,000 + $10,400 $266,400 | $4,987 |
| 2013 | $256,000 + $10,400 $266,400 | $4,896 |
| 2011 | $256,000 + $10,400 $266,400 | $4,040 |
| 2010 | $269,500 + $10,900 $280,400 | $4,060 |
| 2009 | $269,500 + $10,900 $280,400 | $4,140 |
| 2008 | $232,300 + $9,400 $241,700 | $3,545 |
| 2007 | $201,100 + $8,900 $210,000 | $2,900 |
$474,900
LakeSuperiorAreaRealtors
Sold 2016-04-21
$215,000
Public Record
Sold 2003-11-17
$247,900
Public Record
Sold 2001-07-09
$36,000
Public Record
Year Built: 1920
Above Grade Finished Area: 4232
Building Exterior Type: Slate
Construction Materials: Frame/Wood
Foundation Details: Full Basement, Concrete Block
Property Age: 104
Roof: Asphalt Shingles
Levels or Stories: 3 Story
Structure Type: Side by Side
Water Source: City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.