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Active NEW!
$225,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1882
1,710 sqft • 0.031 acres
Duluth schools
MLS# 7083132
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    Property Description

    Great up/down duplex with panoramic views of Lake Superior and just minutes to colleges, Canal Park, downtown and Hermantown. Each unit has 2 bedrooms, 1 bath and recent updates to the kitchen and baths. Main floor unit includes a dishwasher and stackable washer and dryer. Great cash flow opportunity or owner occupy. Main floor unit on a month to month and upper unit just vacated. Upper unit could rent for around $1, 300/month. Electric is separate and could be paid by tenants.

    Listing

    Contingency: None
    Price per sq ft: $132
    City: Duluth
    County: St. Louis
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55806
    Subdivision Name: Duluth Proper Third Div

    Interior

    Living Area: 1,710 ft2
    Refrigerators: Two
    Basement Details:
    • Single Tenant Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 920 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Roof Details: Architectural Shingle

    Rooms

    Laundry: In Unit

    Lake & Waterfront

    Waterfront Present: N
    Waterfront:
    • Lake Superior
    • Lake View

    Lot & Land

    Acres: 0.031
    Geolocation: 46.786732, -92.106667
    Lot Dimensions: 25 x 55
    Zoning: Residential-Multi-Family

    Schools

    School District: 709
    District Phone: 2183368700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,847
    Annual Fuel Expense: $2,436
    Annual Insurance Expense: $2,412
    Annual Maintenance Expense: $951
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,690
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,690

    Income

    Annual Gross Income: $30,264

    Rent

    Annual Net Income: $22,340

    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!

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    Listing provided by RMLS, courtesy of Green Door Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.