Sold for $465,000

$465,000

1905-1907 E Superior St, Duluth, MN 55812

5beds

4baths

4,232sqft

Condominium

Built in 1920

-- sqft lot

$553,300 Zestimate^®

$110/sqft

$3,797 Estimated rent

Home value

$553,300

$509,000 - $603,000

$3,797/mo

Zestimate^® history

Owner options

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$3,797/mo

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$3,797/mo

Rent Zestimate^®

Refinance and save

$2,902/mo

Est. payment

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$2,902/mo

Est. payment

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What's special

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. Don't miss the chance to expand your rental portfolio with this rare find!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Forced Air, Natural Gas, Electric

Appliances

Included: Range, Refrigerator
Laundry: Coin Operated Owned

Features

Basement: Full,Unfinished,Utility Room

Interior area

Total interior livable area: 4,232 sqft
Finished area above ground: 4,232
Finished area below ground: 0

Property

Parking

Parking features: None

Lot

Size: 4,791 Square Feet
Dimensions: 50 x 97

Details

Foundation area: 1710
Parcel number: 010148002160

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Slate, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Year built: 1920

Utilities & green energy

Electric: Minnesota Power
Sewer: Public Sewer
Water: Public
Utilities for property: Cable

Community & HOA

HOA

Has HOA: No

Location

Region: Duluth

Financial & listing details

Price per square foot: $110/sqft
Annual tax amount: $7,078
Date on market: 4/9/2024
Cumulative days on market: 2 days
Listing terms: Cash,Conventional
Tenant pays: Electricity, Trash Collection

Price history

Date	Event	Price
7/10/2024	Sold	$465,000-2.1%$110/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113026 Report a problem
4/12/2024	Pending sale	$474,900$112/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113026 Report a problem
4/9/2024	Listed for sale	$474,900$112/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113026 Report a problem