$184,600
SOLD JUN 30, 2021

1725 W 1st St Duluth, MN 55806

Lincoln Park Neighborhood
5 Beds
3 Baths
1,885 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Bay View
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • Balcony

About This Home

As of June 2021

This Lincoln Park Triplex is an incredible investment opportunity with exceptional cash flow! 2 - 2 BR units, 1 - 1 BR unit and a potential for an additional studio unit in the walk-out basement. Located just steps from the buzzing Craft District with new shops, restaurants and breweries. Total annual gross rents of $27,000! If you are looking for an investment property with a solid rental history, don't pass this one up! All units are updated and in great condition. New boiler & water heater recently installed. Additional features include spacious bedrooms, large common areas, and upper units w/ office potential and even views of the Bay!

Last Agent to Sell the Property

Krystina Gillman

Kuschel Realty Group LLC Listed on: 05/28/2021

Last Buyer's Agent

Kevin Rappana

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1891

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Bay Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • No Garage
  • No Driveway

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, trash, water, fuel, sewer
  • Assessor Parcel Number 010-1130-00440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,764

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Coming from Superior St. pull onto N 18th Ave W to park as 1st St is under construction which does not allow for parking at the building.
  • L O1 Office Phone1 Number: 218-724-7900
  • List Price/ Sq Ft: 97.93
  • Tax Year: 2021
  • View Type:Pond View: Bay
  • Lot Description Waterfront: No
  • Property Info:Total 34 Baths2: 1
  • Amenities Exterior: Balcony
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1575
  • Below Grade Finished Sq Ft: 310
  • Garage Type: None
  • Heat: Boiler, Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 5
  • MediaType: Multi-Family
  • Year Built: 1891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Partially Finished, Walkout, Owner Access, Apartment
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1885

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: None

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2021-05-24
  • Estimated Lot Dimensions: irreg.
  • Estimated Number of Acres: 0.03
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot
  • Parcel Number: 010-1130-00440

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Trash, Water, Fuel, Sewer

Tax Info

  • Tax Amount: 2764

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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
06/30/2021 06/30/21 Sold $184,600 +2.6% $98 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $180,000 +56.5% $95 / Sq Ft
04/14/2017 04/14/17 Sold $115,000 -7.9% $54 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $124,900 -- $58 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Krystina Gillman

    Seller's Agent in 2021

    Krystina Gillman

    Kuschel Realty Group LLC

    (218) 724-7900

    1 in this area

    84 Total Sales

    Section Image
  • Kevin Rappana

    Buyer's Agent in 2021

    Kevin Rappana

    RE/MAX

    (218) 591-4678

    5 in this area

    70 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Jodi Olson

    Century 21 Atwood

    (218) 391-0842

    2 in this area

    176 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jordan Decaro

    RE/MAX

    (218) 722-2810

    12 in this area

    288 Total Sales

    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097008

Minnesota St Louis County Duluth 55806 Lincoln Park

1725 W 1st St, Duluth, MN

This home is located at 1725 W 1st St, Duluth, MN 55806 and is currently priced at $184,600, approximately $97 per square foot. This property was built in 1891. 1725 W 1st St is a home located in St. Louis County with nearby schools including Lincoln Park Middle School, Denfeld High School, and Harbor City International 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.

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