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For Sale:  Superior MLS# 7160538

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Active NEW!
$170,000
/mo Edit
Multi-family:  Duplex Up and Down
1 br • 1 ba • Built 1906
2,024 sqft • 0.08 acres
Superior schools
MLS# 7160538
612-940-7426
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    Property Description

    Fully leased up/down duplex in Superior with income in place! Built in 1906, this property offers a 1 bedroom, 1 bath lower unit and a 2 bedroom, 1 bath upper unit, both under lease into 2027 for a combined $1, 925/month ($23, 100/year). Hot water heat, a full basement, and a detached 1-car garage add to the appeal, while classic character shows through in the hardwood floors and original woodwork. Owner currently covers electric, gas, water and sewer, which is an opportunity for a new owner to separate utilities or adjust at lease renewal to boost returns. Tenant pays garbage. A solid option for new and seasoned investors alike. Leases must be honored. Call today for financials.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $170,000
    Price per sq ft: $84
    Property Type: Multi-family
    City: Superior
    Garage Spaces: 1
    County: Douglas
    Year Built: 1906
    State: WI
    Property Style: Duplex Up and Down
    Zip Code: 54880
    Subdivision Name: West Superior 6150 6th Di

    Interior

    Bedrooms: 1
    Bathrooms: 1
    Finished Area: 2,024 ft2
    Living Area: 2,024 ft2
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 0
    Foundation Size: 2,024 ft2
    Foundation Dimensions: 20x46
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features: Detached Garage
    Road Frontage: City Street
    Exterior Material: Frame
    Roof Details: Asphalt

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.08
    Geolocation: 46.719776, -92.099041
    Lot Dimensions: 25 x 140
    Zoning: Residential-Multi-Family

    Schools

    School District: 5663
    District Phone: 7153948710

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $527
    Annual Fuel Expense: $369
    Annual Insurance Expense: None
    Annual Maintenance Expense: $6,672
    Annual Trash Expense: $129
    Annual Water/Sewer Expense: $1,172
    Tenant Expenses: Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,379
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,379

    Income

    Annual Gross Income: $29,341
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $10,066

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: SW L&P

    Mortgage Calculator

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    Payment:  /mo

    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!

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    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.