NOT LISTED FOR SALE
5 Beds
4 Baths
14,355 Sq Ft
0.4 Acres

Last Sold March 03, 2015

Last sale price $655,000 $46 Per Sq Ft

169 Days on Market

Highlights

  • 0.4 Acre Lot
  • Wood Flooring
  • High Speed Internet
  • Deck
  • Coin Laundry
  • 3-minute walk to Congdon Park

About This Home

As of March 2015

16 unit rental property commonly known as Bostwick Flats. This building has always had great rental appeal with it's proximity to Downtown and public transportation. Building has 9 1-bedroom units and 7 2-bedroom units. Off-street parking and coin-operated laundry. Many updates including newer bathrooms and kitchens. Baths include ceramic tile bath tub surrounds and ceramic floors. Kitchens have newer cabinets, sinks and countertops. Six panel interior doors throughout building. Carpet or maple flooring in bedrooms and living rooms. Most of the south facing units have Lake Superior Views! Excellent Cash Flow!

Last Listed By

Greg Kamp

Coldwell Banker East West Listed on: 08/04/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,139

Year Built

  • Built in 1896

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 125x140

Home Design

  • Rubber Roof
  • Stucco Exterior

Interior Spaces

  • 14,355 Sq Ft Home
  • 4-Story Property
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Boiler Heating System
  • High Speed Internet

Additional Features

  • Deck
  • Ground Level

Community Details

  • 16 Units
  • Coin Laundry
  • Gross Income $122,740

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • Assessor Parcel Number 010-1270-00550, 00540, 00530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,139

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Construction: Previously Owned
  • Parcel Number: 010-1270-00550, 00540, 00530
  • Price Per Square Foot: 45.63
  • Projected Closed Date: 03/03/2015
  • Rental License: Yes
  • Stories: 4+ Story
  • Taxes With Assessments: 10139.3
  • Estimated Number of Acres: 0.4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 11484
  • Total Fin Square Footage: 14355
  • Total Square Footage: 14355
  • Below Grade Finished Sq Ft: 2871

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Roof: Rubber
  • Exterior Amenities: Deck

Garage/Parking

  • Number Off Street Parking: 10

Utilities

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

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 125x140

Rental Info

  • Tenant Expense: Cable TV, Electric

Building Info

  • Year Built: 1896

Multi Family

  • Est Annual Gross Expense: 77461
  • Est Annual Gross Income: 122740

Tax Info

  • Year: 2014
  • Tax Value: 10139.3

MLS Schools

  • School District: Duluth #709

Range of Values:

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List Price
Sold Price
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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
03/03/2015 03/03/15 Sold $655,000 -10.3% $46 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
08/04/2014 08/04/14 For Sale $729,900 -- $51 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4656270

REALTOR® Association of Southern Minnesota