NOT LISTED FOR SALE
2 Beds
2 Baths
3,150 Sq Ft
5,663 Sq Ft Lot

Last Sold July 26, 2021

Last sale price $140,700 $45 Per Sq Ft

11 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Partially Fenced Property
  • Lower Floor Utility Room
  • Forced Air Heating System

About This Home

As of July 2021

Great investment opportunity!  This solid concrete Morgan Park up-down duplex has a newer 100 year warrantied metal roof, a 22 x 24 detached garage featuring two separate single stalls for each unit and a full basement also split allotting each unit its own private laundry and storage room.  The property has great rental history and each tenant is currently on a month-to-month lease, also making this duplex ideal for owner occupancy, and although these are both technically one bedroom units they have a bonus room and a spacious floor plan where the living rooms in each unit could be made into another bedroom.  Landlord pays for water and sewer, however all other utilities are paid by tenants as each unit has its own natural gas forced air furnace and meter, hot water heater, electrical panel and meter.  The property needs a little maintenance, but has a current rental license and good paying tenants who maintain the grass mowing and snow removal.  Take a look and expand your portfolio at a price that makes it worth it.

Last Agent to Sell the Property

Kimberly Powell

Messina & Associates Real Estate Listed on: 05/26/2021

Last Buyer's Agent

Julie Carlson

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,041

Year Built

  • Built in 1913

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 43 x 132
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Range
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, trash
  • Assessor Parcel Number 010-3300-02410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,041

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Grand Ave to Arbor/88th Ave W
  • L O1 Office Phone1 Number: 218-728-4436
  • Taxes With Assessments: 2066
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Amenities Exterior: Fenced Yard - Partial
  • Appliances 1: Range/Stove, Refrigerator
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Concrete Block
  • FinFootageAboveGrade: 2160
  • Below Grade Finished Sq Ft: 990
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Parking Number Garage Spaces: 2
  • Reso Roof: Metal
  • TotalBedrooms: 2
  • MediaType: Duplex
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Bath, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3150

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Concrete Block, Stucco

Garage/Parking

  • Garage Features: Attic, Slab, Electrical Service

Utilities

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

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 43 x 132
  • Estimated Number of Acres: 0.13
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-3300-02410

Rental Info

  • Tenant Expense: Electric, Trash, Other

Tax Info

  • Tax Amount: 2041
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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
07/26/2021 07/26/21 Sold $140,700 +12.6% $45 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $125,000 -- $40 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $1,978 $170,800 $15,100 $155,700
2023 $1,978 $170,800 $15,100 $155,700
2022 $1,396 $130,000 $14,000 $116,000
2021 $2,066 $108,100 $11,800 $96,300
2020 $2,208 $104,000 $11,400 $92,600
2019 $2,142 $108,100 $11,800 $96,300
2018 $2,022 $105,600 $11,800 $93,800
2017 $2,018 $106,000 $8,800 $97,200
2016 $1,962 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097120