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Active NEW!
$200,000
/mo Edit
Multi-family:  2 Stories
4 br • 2 ba • Built 1894
1,361 sqft • 0.08 acres
MLS# 7001286
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    Property Description

    Well-maintained up/down duplex in a convenient Superior location with quick access to Duluth and nearby amenities. Each unit offers2 bedrooms and 1 bathroom and is in good condition. The upper unit is currently vacant, making it ideal for an owner-occupant or immediate rental, while the lower unit is rented at $1, 500/month, providing instant income. Additional highlights include a 2-stalldetached garage and shared laundry located in the basement. A great opportunity to live in one unit and offset your mortgage, or add a solid income-producing property to your investment portfolio.

    Listing

    Contingency: None
    Price per sq ft: $147
    City: Superior
    County: Douglas
    State: WI
    Property Style: 2 Stories
    Zip Code: 54880
    Subdivision Name: West Superior 05 Div

    Interior

    Living Area: 1,361 ft2
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 576 ft2
    Foundation Size: 1,361 ft2
    Foundation Dimensions: 21x43
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • On-Street Parking Only

    Lot & Land

    Acres: 0.08
    Geolocation: 46.731092, -92.092271
    Lot Dimensions: 25 x 140
    Zoning: Residential-Multi-Family

    Schools

    School District: 1979
    District Phone: 7153948710

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,400
    Annual Fuel Expense: $2,200
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: $225
    Annual Water/Sewer Expense: $1,150
    Tenant Expenses: Lawn Care, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,412
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,412

    Income

    Annual Gross Income: $36,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Other
    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.