NOT LISTED FOR SALE

6716 Westgate Blvd Duluth, MN 55807

Cody Neighborhood
12 Beds
12 Baths
4,722 Sq Ft
0.73 Acres

Last Sold October 05, 2023

Last sale price $600,000 $127 Per Sq Ft

99 Days on Market

Highlights

  • 0.73 Acre Lot
  • 3 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • 1-Story Property
  • Wood Siding

About This Home

As of October 2023

Don’t miss out on this ten unit building that is fully operational and is ready for its new owners! This property offers 2 (2) bedroom units, 1 (1) bedroom unit, & 7 (studio) apartments with annual income of ($92,940.00). There is convenient coin operated laundry and a 3 car detached garage that could be a source of additional rental income or be a great place to store everything needed to operate the 2 buildings. The lot offers plenty of off street parking and with plenty of room to spare and property is also situated in a more private area and conveniently located close to I-35 and the Spirit Valley shops and businesses. Landlord currently pays all utilities and some of the unit rents are below market value. With some minor adjustments this could set up the new owners to be in a great position increasing value instantly. Lease lengths and contracts vary. Rent roll and expenses are available on request. Be sure to call Jordan DeCaro for additional details, questions or tours and don’t miss out on adding this to your portfolio!

Last Agent to Sell the Property

Jordan Decaro

RE/MAX Results Listed on: 05/24/2023

RE/MAX Results

Last Buyer's Agent

Amy Spampinato

RE/MAX Professionals - Duluth

RE/MAX Professionals - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,384

Year Built

  • Built in 1954

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 145x220

Parking

  • 3 Car Detached Garage

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Wood Siding
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 4,722 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 010-4560-01895

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Utility Expense $19,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,384

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Cody St , right on 67th Ave W, left on W Gate Blvd, property is on the left.
  • L O1 Office Phone1 Number: 218-722-2811
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • ApxYrUtilityExp: 19608
  • CondoPropertyType: Side by Side
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 4722
  • Garage Type: Detached
  • Heat: Hot Water
  • Parking Number Garage Spaces: 3
  • TotalBedrooms: 12
  • MediaType: 5-10 Units
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Partial, Slab
  • Stories: 1 Story
  • Total Bathrooms: 12
  • Total Fin Square Footage: 4722

Exterior Features

  • Exterior: Aluminum, Steel, Wood

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 145X220
  • Estimated Number of Acres: 0.73
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4560-01895

Rental Info

  • Tenant Expense: None

Tax Info

  • Tax Amount: 7384

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
10/05/2023 10/05/23 Sold $600,000 -7.7% $127 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $649,900 -- $138 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $8,144 $487,500 $31,900 $455,600
2023 $8,144 $477,400 $31,300 $446,100
2022 $6,844 $403,800 $26,500 $377,300
2021 $6,582 $376,800 $26,500 $350,300
2020 $6,774 $370,600 $35,300 $335,300
2019 $5,670 $370,600 $35,300 $335,300
2018 $5,318 $313,700 $35,300 $278,400
2017 $5,310 $313,700 $35,300 $278,400
2016 $5,172 $313,700 $35,300 $278,400
2015 -- $286,500 $34,900 $251,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jordan Decaro

    RE/MAX

    (218) 722-2810

    4 in this area

    279 Total Sales

    Jordan Decaro
    Section Image
  • Amy Spampinato

    Buyer's Agent in 2023

    Amy Spampinato

    RE/MAX

    (218) 348-7027

    5 in this area

    159 Total Sales

    Amy Spampinato
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108237

Minnesota St Louis County Duluth 55807 Cody

6716 Westgate Blvd, Duluth, MN

Not Listed for Sale

MultiFamily

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