Sold: Duluth MLS# 6672642
Sold
$159,900 (list price)
$160,000
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 you’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. Don’t miss out—schedule a showing today!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$159,900
Sold Price:
$160,000
Sold Date:
05/01/2025
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
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started 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.