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201 E 6th Street, Duluth, MN 55805

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For Sale

$250,000

5 beds2,250 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $111.11
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Cash flowing triplex. Full occupancy, great location close to downtown. 2 BR's, 1 bath in the middle and upper unit. 1BR in the lower unit. Middle unit has a large pantry that is big enough for a 3rd bedroom. Water Heater was new in 2021. The upper unit has a deck off the back and the middle unit has a front porch. The lower unit has a front sitting area as well. Tenants pay electric. Up the hill a bit so some views of the lake and harbor area. Rents total $41,400 per year - Upper unit $1,200, Middle unit $1,300 and Lower unit is $950/month. Total 2024 expenses = $15,481. Don't miss this great investment opportunity or great for an owner occupant. Financials listed are for the current tenants moving forward. See supplements for previous years P/L - lots of deferred maintenance completed on the building in this owners tenure. 1 water heater for lower level unit and 1 for the middle and upper units. 1 forced air furnace and lower level unit has a supplemental source. No laundry on site. Unit 1 & 2 pay electric, unit 3 is on the house meter. Tenants handle snow removal. Owner handles lawn.
MLS# 6824616

Courtesy Of RE/MAX Advantage Plus

(952) 226-7700

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.08 Acres
  • Roof Type
    Asphalt

Map and Directions

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