920-922 E 4th St, Duluth, MN 55805

Situated on a HUGE lot in a Form District, this 9 BR tenant-occupied duplex has exciting short-term or mid-term rental opportunities! Leased/licensed as a long-term rental through summer 2025 w/ gross rents at 52k+, this property allows you to appreciate a solid turnkey investment in an area with vacancy rates at/below 2%. Is location your #1 REI focus? This one's on the bus line & walking distance to Whole Foods Co-op, Portland Square Park & Playground, The Ski-Hut, and about 1/2 a mile to Essentia Health's Vision Northland or Aspirus St. Luke's. With nearly 1/2 an acre to work with, a developer might envision possible subdivision and re-development, wherein parking is relocated to the rear of the building, and the new owner could explore construction of a second investment property. Don't miss your chance to own this cash flowing gem and secure future STR possibilities for your portfolio! Tenants are responsible for all utilities, snow removal and lawn care.