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Listed by Alec Erickson Tim Collelo Realty, LLC
$ 299,900
Est. payment | /mo
5 Beds
3 Baths
2,350 SqFt
$ 299,900
Est. payment | /mo
5 Beds
3 Baths
2,350 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,350 sqft
Price per Sqft $127
MLS Listing ID LSA6126192
Bedrooms 5
HOA Y/N No
Year Built 1886
Annual Tax Amount $2,545
Tax Year 2026
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 6,969 sqft
Property Sub-Type Triplex
Source lsar
Property Description
Turnkey, high-performing 3-unit investment opportunity in Duluth's high-demand Central Hillside corridor! Grossing an impressive $3,400 per month, this uniquely structured multi-family property features two distinct buildings on two city parcels, offering unparalleled tenant privacy and an historically low vacancy rate. The front building is an exceptionally layout-efficient duplex consisting of a 1-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit. The completely detached rear building features a private, single-family style 2-bedroom, 1-bathroom home (714 1/2). Investors will appreciate the separated mechanics: all units boast completely split electric and gas meters, leaving the owner responsible only for water and sewer, a massive operational advantage through northern winters. An active, clean City of Duluth rental license is already in place for a seamless ownership transfer. Centrally located just minutes from the major medical district, downtown waterfront, and local universities. Start or add to your portfolio, or live in one unit and let the others pay your mortgage. Schedule your showing today and capitalize on immediate, proven cash flow! Being sold completely "as-is".
Location
State MN
County St. Louis County
Area Lsar
Direction Head on N Sixth Ave E and turn on E Sixth St.
Rooms
Basement Full
Interior
Heating Natural Gas
Laundry In Basement
Exterior
View Y/N No
Garage No
Building
Story 2
Foundation Poured Concrete
Sewer Public Sewer
Water City
Structure Type Vinyl
Schools
High Schools Duluth #709
School District Duluth #709
Nearby Locations
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Anthony Jennings
Broker-Owner | Lic# 44683-90