1905-1907 E Superior Street Duluth, MN $ 474,900
1905-1907 E Superior Street
$ 474,900
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1905-1907 E Superior Street

Duluth, MN, 55812
$ 474,900
Baths0.0 Sq 4,232

Monthly Estimate*

$ 3,317

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Studio

Commercial Property for sale in Duluth, MN

for $474,900. This 4,232 square foot building was built in 1920 on a lot size of 0.11.

Centrally located in the prime East End area, this 6-unit building presents a lucrative investment opportunity for investors. Five of the six units are already rented, offering immediate income generation. With some sweat equity, the vacant unit can be upgraded to enhance its value further. The property features coin-operated laundry, ensuring additional income streams. Tenants are responsible for electric and trash, while the owner covers water, sewer, and gas expenses. Situated within walking distance to colleges, on a bus line, and close to Lake Superior, Lakewalk, and Downtown, this property boasts excellent rental potential and convenience.

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Commercial Pending

Price

$ 474,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,078

Style

Apartment

Lot Size

0.11

Year Built

1920

Town/City

Duluth

County/Region

Saint Louis

MLS | Web ID

6516927

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling None
Utilities Electric Common Heating Common Hot Water Common
Roof Asphalt
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Slate
Year Built 1920
Tenant Pays Electricity Trash Collection
Levels Two
Property SubType Apartment
Tax Year 2024
Current Use Residential
Gross Income 54799.8
Accessibility None
County St. Louis
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale
Association Amenities Coin-op Laundry Owned
Contingency None
Subdivision Name Endion Div Of Duluth
Possible Use None
Directions 21st Ave E turn right on Superior St.
City Duluth
Buyer Agent Compensation 2.50
High School District Duluth
Zoning Description Residential-Multi-Family Residential-Single Family
Total Units 6
Street Name Superior
Land Lease Y/N N
Tax Annual Amount 7078
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 9
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Street Suffix Street
Foundation Dimensions UNK
Fuel Electric Natural Gas
Garage Dimensions 0
Garage Square Feet 0
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Exterior
Parking Features On-Street Parking Only
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.11
Building Area Total 4232
Lot Dimensions 50x97
Lot Size Units Acres
Foundation Area 4232
Road Frontage Type City Street Paved Streets Sidewalks Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1905
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* Excluded Features
List By
Re/Max Results

Broker

jordan@decarorealestate.com

Email

Affordability Calculator

$3,907
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$590
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709178 Elementary School
709002 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$474,900 Listed Price

Map


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1905-1907 E Superior Street, Duluth, MN, 55812 is a Commercial Property for sale at $474,900 with 4,232 sqft and a lot size of 0.11. 1905-1907 E Superior Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 55812 which is in Duluth, MN