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For Sale:  Superior MLS# 7094507

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Active
$300,000
/mo Edit
Multi-family:  Fourplex
5 br • 4 ba • Built 1895
4,314 sqft • 0.16 acres
Superior schools
MLS# 7094507
763-576-8286
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    Property Description

    4 times the opportunity! if you are looking for a 4-plex, we have got you covered. This 4 unit home has 1 large main floor unit, 2 second floor units, and a large 3rd floor Hybrid studio apartment. 3 of the units are month to month, and the main floor tenant has a lease that expires 10/31/26. There is a ton of off street parking which is hard to find in this part of town. There is a fire escape from the upper level and 3 units access the home from the front. The main floor unit is accessed from a side entry or the back of the home. This unit has also has a washer and dryer in it. The basement is a shared entry off the back of the home with a shared coin-op washer and dryer. Unit 2 has an amazing balcony and would be perfect for those of you with really long hair There is a yard here with some space and it is located on a nice corner lot. The main floor unit is technically a 1 bedroom unit but there is a second room that could be used as a bedroom but you have to pass through the bathroom to access it. The upper three units pay water and gas, while the main floor unit pays water and electricity per the tenant. Because this home is located in the city, there are many internet options available. Newer water heaters in 2022, boiler in 2019, newer gas lines in 2020, roof in 2011, fire rated boiler room in 2009, Electrical service in 2004, $30k roofing and siding job in 2003 a. Be ready for when the bridge is closed, these units will fetch a premium!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $300,000
    Price per sq ft: $70
    Property Type: Multi-family
    City: Superior
    Garage Spaces: 0
    County: Douglas
    Year Built: 1895
    State: WI
    Property Style: Fourplex
    Zip Code: 54880

    Interior

    Bedrooms: 5
    Bathrooms: 4
    Finished Area: 4,314 ft2
    Living Area: 4,314 ft2
    Refrigerators: Three
    Basement Details:
    • Full
    • Other
    • Owner Access
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Garage Dimensions: 0
    Foundation Size: 1,710 ft2
    Foundation Dimensions: 30x57 irreg
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    • Radiant
    Parking Features:
    • Gravel
    • Other
    • Parking Lot
    Shared Amenities: Unspecified
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.16
    Geolocation: 46.719073, -92.099741
    Lot Dimensions: 100 x 70
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Tree Coverage - Medium

    Schools

    School District: 5663
    District Phone: 7153948710

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel, Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,077
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,077

    Income

    Annual Gross Income: $30,900
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    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: SW L&P

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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!

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    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.