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Active NEW!
$189,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1885
1,648 sqft • 0.14 acres
Superior schools
MLS# 6796389
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    Property Description

    Juicy Investment Property! Up/Down income producing Duplex. Both units are currently leased into mid next year. Nice condition on both units, and a brand new roof was just added last month!! Lower unit has 1 bdrm and 1 bath. The upper unit has 2 bedrooms and a full bath. Tenants pay all utilities except for quarterly stormwater bill. In back there is ample off street parking for both apartments. Additionally, there are two 25 foot parcels totaling a double lot included in the sale, and the second parcel has a decent garage. Storage options?? This property is priced to sell immediately. Do you have any more room to add to your portfolio?

    Listing

    Contingency: None
    Price per sq ft: $115
    City: Superior
    County: Douglas
    State: WI
    Property Style: Duplex Up and Down
    Zip Code: 54880
    Subdivision Name: Burhans Add

    Interior

    Living Area: 1,648 ft2
    Basement Details: Crawl Space

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 200 ft2
    Foundation Size: 746 ft2
    Foundation Dimensions: IRR
    Handicap Accessible: None
    Heating System: Forced Air
    Exterior Material: Wood Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 46.723832, -92.092956
    Lot Dimensions: 50 x 125
    Addl Parcels: 058050231200
    Zoning: Residential-Multi-Family

    Schools

    School District: 5663
    District Phone: 715-394-8710

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: None
    Annual Gross Expense: $700
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,896
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,896

    Income

    Annual Gross Income: $21,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Other
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results Duluth.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.