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Seller's Agent in 2024
Jordan Decaro
RE/MAX
(218) 722-2810
9 in this area
278 Total Sales
Centrally located in the prime East End area, this 6-unit building presents a lucrative investment opportunity for investors. Five of the six units are already rented, offering immediate income generation. With some sweat equity, the vacant unit can be upgraded to enhance its value further. The property features coin-operated laundry, ensuring additional income streams. Tenants are responsible for electric and trash, while the owner covers water, sewer, and gas expenses. Situated within walking distance to colleges, on a bus line, and close to Lake Superior, Lakewalk, and Downtown, this property boasts excellent rental potential and convenience. Don't miss the chance to expand your rental portfolio with this rare find!
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $465,000 | -2.1% | $110 / Sq Ft | |
| 04/11/2024 04/11/24 | Pending | -- | -- | -- | |
| 04/09/2024 04/09/24 | For Sale | $474,900 | +120.9% | $112 / Sq Ft | |
| 04/15/2016 04/15/16 | Sold | $215,000 | -4.4% | $51 / Sq Ft | View Prior Sale |
| 03/01/2016 03/01/16 | Pending | -- | -- | -- | |
| 01/26/2016 01/26/16 | For Sale | $225,000 | -- | $53 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,010 | $419,600 | $21,700 | $397,900 |
| 2023 | $7,010 | $410,800 | $21,200 | $389,600 |
| 2022 | $7,078 | $324,300 | $21,200 | $303,100 |
| 2021 | $6,322 | $302,700 | $16,700 | $286,000 |
| 2020 | $6,508 | $322,100 | $63,000 | $259,100 |
| 2019 | $5,378 | $322,100 | $63,000 | $259,100 |
| 2018 | $5,058 | $268,400 | $52,500 | $215,900 |
| 2017 | $5,044 | $268,400 | $52,500 | $215,900 |
| 2016 | $4,918 | $146,000 | $11,400 | $134,600 |
| 2015 | -- | $269,000 | $26,500 | $242,500 |
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Seller's Agent in 2024
Jordan Decaro
RE/MAX
(218) 722-2810
9 in this area
278 Total Sales
Seller's Agent in 2016
Gary Kalligher
RE/MAX
(218) 390-0615
6 in this area
81 Total Sales
Source: Lake Superior Area REALTORS®
MLS Number: 6113026