$120,000
SOLD JUL 31, 2013

1127 E 3rd St Duluth, MN 55805

East Hillside Neighborhood
5 Beds
3 Baths
2,388 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

8% Below List Price

40 Days on Market

About This Home

As of May 2017

Check out this well maintained Triplex in a in a convenient area of town! Close to colleges, hospitals, parks and shopping. All three units are currently leased but two of the leases expire the end of August. This gives a buyer the option of living in one of the units and letting the tenants pay the mortgage, or renting out all the units and make some good money. It would also be perfect for the parents of college students looking for a way to cut down on the student's living expenses. Many newer energy windows, three year old boiler and some new flooring are just a few of the amenities. It's even equipped with off street parking and a 4 car garage! The rental license is good until 11/01/2015. A Triplex at this price is a very nice income property!

Last Agent to Sell the Property

Cliff Haynes

Real Living Messina & Associates Listed on: 05/03/2013

Last Buyer's Agent

Len Sarvela

Real Estate Masters LTD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 1881

Parking

  • 4 Car Detached Garage

Home Design

  • Triplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Range<<rangeHoodToken>>

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Location

  • Ground Level
  • Upper Level

Utilities

  • Boiler Heating System
  • Gas Water Heater

Community Details

  • 3 Units
  • Gross Income $22,800

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 010-3830-11730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,131

Year Built

Built in 1881

Lot Details

0

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Assessment Balance: 18
  • Assessments: Yes
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 010-3830-11730
  • Price Per Square Foot: 50.25
  • Projected Closed Date: 08/01/2013
  • Rental License: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 2148.54
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2388
  • Total Fin Square Footage: 2388
  • Total Square Footage: 2388

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4
  • Number Off Street Parking: 4

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Duluth #709

Rental Info

  • Tenant Expense: Electric

Building Info

  • Year Built: 1881

Multi Family

  • Est Annual Gross Expense: 8010
  • Est Annual Gross Income: 22800

Tax Info

  • Year: 2013
  • Tax Value: 2130.54

MLS Schools

  • School District: Duluth #709

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $150,000 -11.8% $63 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $170,000 +41.7% $71 / Sq Ft
07/31/2013 07/31/13 Sold $120,000 -7.6% $50 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $129,900 -- $54 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Len Sarvela

    Real Estate Masters LTD

    (218) 348-8402

    2 in this area

    70 Total Sales

    Len Sarvela
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Schraepfer

    Heirloom Realty, LLC

    (218) 390-4317

    16 in this area

    34 Total Sales

    Michael Schraepfer
    Section Image

  • C

    Seller's Agent in 2013

    Cliff Haynes

    Real Living Messina & Associates

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4472394

REALTOR® Association of Southern Minnesota

Minnesota St Louis County Duluth 55805 East Hillside

1127 E 3rd St, Duluth, MN

This home is located at 1127 E 3rd St, Duluth, MN 55805 and is currently priced at $120,000, approximately $50 per square foot. This property was built in 1881. 1127 E 3rd St is a home located in St. Louis County with nearby schools including Ordean East Middle School, East High School, and Many Rivers Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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