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24 photos
Additional details
$250,000
Est. payment /mo
5 Beds
3 Baths
2,250 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $111
Subdivision Duluth Proper 1St Div East 6Th Street
MLS Listing ID 6824616
Bedrooms 5
Year Built 1884
Annual Tax Amount $3,528
Tax Year 2025
Contingent None
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 25x140x25x140
Property Sub-Type Triplex
Property Description
Cash flowing triplex. Full occupancy, great location close to downtown. 2 BR's, 1 bath in the middle and upper unit. 1BR in the lower unit. Middle unit has a large pantry that is big enough for a 3rd bedroom. Water Heater was new in 2021. The upper unit has a deck off the back and the middle unit has a front porch. The lower unit has a front sitting area as well. Tenants pay electric. Up the hill a bit so some views of the lake and harbor area. Rents total $41,400 per year - Upper unit $1,200, Middle unit $1,300 and Lower unit is $950/month. Total 2024 expenses = $15,481. Don't miss this great investment opportunity or great for an owner occupant. Financials listed are for the current tenants moving forward. See supplements for previous years P/L - lots of deferred maintenance completed on the building in this owners tenure. 1 water heater for lower level unit and 1 for the middle and upper units. 1 forced air furnace and lower level unit has a supplemental source. No laundry on site. Unit 1 & 2 pay electric, unit 3 is on the house meter. Tenants handle snow removal. Owner handles lawn.
Location
State MN
County St. Louis
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Fence None
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Corner Lot, Tree Coverage - Light
Story Two
Foundation 920
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Duluth
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Listed by David Meyer • RE/MAX Advantage Plus
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