For Sale: Duluth MLS# 7101550
Active
NEW!
$699,000
Commercial: Other
Built 1891
0.106 acres
Duluth schools
MLS# 7101550
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Property Description
Excellent investment opportunity in the heart of Duluth! This well-maintained six-unit apartment building offers a proven rental history and strong income potential in a highly desirable location. Each unit features its own separate electrical service, making utility management simple and efficient. Recent improvements include a newer roof, and the property has been consistently maintained over the years. Tenants appreciate the convenience of off-street parking and easy access to shopping, dining, public transportation, and local amenities. Whether you're looking to expand your investment portfolio or acquire a solid income-producing property, this turnkey multi-family building is one you won't want to miss.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$699,000
Property Type:
Commercial
City:
Duluth
Garage Spaces:
0
County:
St. Louis
Year Built:
1891
State:
MN
Property Style:
Other
Zip Code:
55812
Subdivision Name:
Endion Div Of Duluth
Interior
Bedrooms:
0
Bathrooms:
0
Basement Details:
- Owner Access
- Storage Space
Exterior
Stories:
Three Or More
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
4,566 ft2
Foundation Dimensions:
38x50
Handicap Accessible:
None
Heating System:
- Baseboard
- Boiler
- Hot Water
Parking Features:
On-Street Parking Only
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.106
Geolocation:
46.802602, -92.079309
Inclusions:
Building
Lot Dimensions:
50 x 93
Zoning:
Residential-Multi-Family
Schools
School District:
709
District Phone:
2183368700
Expenses
Annual Fuel Expense:
$3,922
Annual Water/Sewer Expense:
$2,287
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,594
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,594
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Power Company Name:
Minnesota 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 RE/MAX Results Duluth.
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.