For Sale: Duluth MLS# 7038886
Active
NEW!
$314,900
Multi-family: Quadplex
6 br • 4 ba • Built 1893
2,760 sqft • 0.21 acres
MLS# 7038886
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Property Description
Tremendous investment opportunity! This Brick 4-plex is within walking distance to UMD and St. Scholastica! It's on the bus line with easy access to downtown and all local amenities. Stable rents with room for income growth. There is a large lot with off street parking and room to expand parking if needed.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$314,900
Price per sq ft:
$114
Property Type:
Multi-family
City:
Duluth
Garage Spaces:
0
County:
St. Louis
Year Built:
1893
State:
MN
Property Style:
Quadplex
Zip Code:
55812
Subdivision Name:
Endion Div Of Duluth
Interior
Bedrooms:
6
Bathrooms:
4
Finished Area:
2,760 ft2
Living Area:
2,760 ft2
Basement Details:
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
2,760 ft2
Foundation Dimensions:
IRREGULAR
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Gravel
- On-Street Parking Only
Road Frontage:
City Street
Exterior Material:
Brick
Roof Details:
Asphalt
Lot & Land
Acres:
0.21
Geolocation:
46.807101, -92.080195
Lot Dimensions:
100 x 95
Zoning:
Residential-Multi-Family
Schools
School District:
2223
District Phone:
2183368700
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$500
Annual Fuel Expense:
$2,500
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$2,400
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,328
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,328
Income
Annual Gross Income:
$43,200
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
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.