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Listed by Len Sarvela Edina Realty, Inc. - Duluth
$655,000
Est. payment /mo
3,032 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $216
MLS Listing ID LSA6127079
HOA Y/N No
Year Built 1891
Annual Tax Amount $5,308
Tax Year 2026
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Sub-Type Multi Family
Source lsar
Property Description
Experience this well maintained Victorian four-plex that is perfect for owner occupancy or 1031 exchange ready investment opportunity that has clean title and clear books. There is a high certainty of close/flexible closing timeline. Combining architectural character with modern rental stability, this property is positioned for both immediate cash flow and long-term equity growth. Along with the four-plex, the value-added benefits of this property include a carriage house located above the garage that offers the potential of a fifth unit of rental income. There is a workshop and two stall garage that is heated. There is an adjacent buildable lot that could add the potential for an additional multi-family building. And let's not forget about the convenience of ample off-street parking spots for all the units. The location is exceptional for tenants and owner-occupants alike. It is located on a city bus route and is walking distance to the Lakewalk, Canal Park and St. Lukes Essentia Health.
Location
State MN
County St. Louis County
Area Lsar
Direction E Superior St to 1727 E Superior St.
Rooms
Basement Crawl Space
Interior
Heating Boiler
Inclusions Building
Exterior
Parking Features Detached Garage, Off Street
View Y/N No
Roof Type Asphalt
Garage No
Building
Foundation Stone
Sewer Public Sewer
Water City
Structure Type Vinyl
Schools
High Schools Duluth #709
School District Duluth #709
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Locations
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