Gerald Gorbet
Adolphson Real Estate, Inc
(218) 520-3370
66 Total Sales
2 in Cody
$120,000 Price Range
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
RE/MAX Results License #MN 40286367|WI 79981-94 Listed on: 05/24/2023
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Gerald Gorbet
Adolphson Real Estate, Inc
(218) 520-3370
66 Total Sales
2 in Cody
$120,000 Price Range
Josie Strong
RE/MAX Results
(763) 363-5802
111 Total Sales
4 in Cody
$271K - $400K Price Range
Christi Pionk Slattengren
Messina & Associates Real Estate
(218) 626-6492
60 Total Sales
1 in Cody
$178,000 Price
Matt Privette
Messina & Associates Real Estate
(218) 241-4531
88 Total Sales
2 in Cody
$255K - $267K Price Range
Mark Sams
RE/MAX Results Duluth
(218) 514-5070
54 Total Sales
1 in Cody
$281,000 Price
Tracey Tellor
Tellor Realty LLC
(218) 506-6382
118 Total Sales
5 in Cody
$170K - $228K Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $470,000 | First American Title | ||
| $600,000 | First American Title | ||
| $470,000 | -- | ||
| -- | -- | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $105,000 | None Available | ||
| -- | None Available | ||
| $49,500 | None Available |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $480,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,130 | $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 |
Seller's Agent in 2023
Jordan DeCaro
RE/MAX
(218) 722-2810
5 in this area
289 Total Sales
Buyer's Agent in 2023
Amy Spampinato
RE/MAX
(218) 348-7027
6 in this area
155 Total Sales
Source: Lake Superior Area REALTORS®
MLS Number: 6108237
Ask me questions while you tour the home.