Pending: Duluth MLS# 6672642
Pending
$159,900
Multi-family: Duplex Up and Down
Built 1901
1,248 sqft • 0.81 acres
Duluth schools
MLS# 6672642
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Property Description
Looking for a solid investment property or owner-occupied duplex? This income-generating property at 112 W 5th St has got what youâ??re looking for. This up/down style duplex has separated electric utilities for each unit. The upper unit has 2 bedrooms, and is currently renting for $1, 073/month until the end of April 2025. The lower unit rents for $770/month and is a month to month lease. Both units have their own laundry stations. A bonus feature is the two story garage in the back of the lot for more storage and/or parking. This duplex is an excellent cash-flow opportunity with long-standing tenants and key updates already in place. Donâ??t miss outâ??schedule a showing today!
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$159,900
Price per sq ft:
$128
Property Type:
Multi-family
City:
Duluth
Garage Spaces:
2
County:
St. Louis
Year Built:
1901
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55806
Subdivision Name:
Duluth Proper 1st Div West 5th Street
Interior
Finished Area:
1,248 ft2
Living Area:
1,248 ft2
Basement Details:
- Block
- Full
- Walkout
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
483 ft2
Foundation Size:
1,248 ft2
Foundation Dimensions:
20x40
Handicap Accessible:
None
Heating System:
Other
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.81
Geolocation:
46.7876379858, -92.0964951177
Lot Dimensions:
25 x 140
Schools
School District:
709
District Phone:
218-336-8700
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,000
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
$300
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,047
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$2,072
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.