For Sale: Duluth MLS# 6750092
Active
$450,000
Multi-family: Four Plex
Built 1911
2,902 sqft • 0.11 acres
Duluth schools
MLS# 6750092
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Property Description
4 beautiful apartments in a well-maintained building with 4 established tenants. All apartments have been recently remodeled. One with high end fixtures and decor was owner-occupied. 5 storage rooms, laundry, and large shop in the walkout basement with a dust collection system and lots of room to work. New rubber coating on roof and one apartment is wheelchair accessible. Nice yard and landscaping with two off-street parking spots and plenty of on-street parking. Near Myers-Wilkins School and up the hill from the Whole Foods Co-op. Rents could be higher. Only 1 tenant is each apartment and they are self-sustaining, so haven't raised rents in a couple years. One resident does lawn care and snow removal as part of the lease agreement. Must see, incredible value at this price! Owner is an agent.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Price per sq ft:
$155
Property Type:
Multi-family
City:
Duluth
Garage Spaces:
0
County:
St. Louis
Year Built:
1911
State:
MN
Property Style:
Four Plex
Zip Code:
55805
Subdivision Name:
Chambers First Div Of Duluth
Interior
Finished Area:
2,902 ft2
Living Area:
2,902 ft2
Basement Details:
Walkout
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,451 ft2
Handicap Accessible:
Partially Wheelchair
Heating System:
Forced Air
Shared Amenities:
Laundry
Exterior Material:
Vinyl Siding
Roof Details:
Rubber
Lot & Land
Acres:
0.11
Geolocation:
46.801063, -92.101165
Lot Dimensions:
50 x 100
Schools
School District:
709
District Phone:
218-336-8700
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$715
Annual Fuel Expense:
$1,596
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
None
Annual Gross Expense:
$6,227
Annual Trash Expense:
$540
Annual Water/Sewer Expense:
$1,376
Tenant Expenses:
Electricity, Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,672
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,672
Income
Annual Gross Income:
$54,000
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
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.