For Sale: Duluth MLS# 7035588
Active
NEW!
$276,000
Multi-family: 2 Stories
4 br • 2 ba • Built 1913
1,603 sqft • 0.15 acres
MLS# 7035588
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Property Description
Great opportunity in Morgan Park! This up-and-down duplex features two spacious 2-bedroom units, making it an excellent option for both investors seeking steady rental income or an owner-occupant looking to offset their mortgage. Each unit offers comfortable living space with a functional layout and separate entrances. Live in one unit while renting the other, or add this property to your investment portfolio. Conveniently located in Duluth’s Morgan Park neighborhood with easy access to local amenities, parks, restaurants, shopping and major roadways. Don’t miss your chance to own a versatile income-producing property with great potential!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$276,000
Price per sq ft:
$172
Property Type:
Multi-family
City:
Duluth
Garage Spaces:
2
County:
St. Louis
Year Built:
1913
State:
MN
Property Style:
2 Stories
Zip Code:
55808
Subdivision Name:
Morgan Park Of Duluth
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,603 ft2
Living Area:
1,603 ft2
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
24x22
Garage Size:
528 ft2
Foundation Size:
2,009 ft2
Foundation Dimensions:
49x41
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Detached Garage
- Gravel
Lot & Land
Acres:
0.15
Geolocation:
46.691688, -92.206554
Lot Dimensions:
53 x 125 x 53 x 125
Zoning:
Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
2223
District Phone:
2183368700
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
$500
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Broadband, Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,920
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,920
Income
Annual Gross Income:
$31,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 LPT Realty, LLC.
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.