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Active Lender Owned
$450,000
/mo Edit
Multi-family:  Triplex
Built 1912
2,551 sqft0.31 acres
Duluth schools
MLS# 6501260
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    Property Description

    Opportunity is Calling! Beautiful Tri-Plex overlooking Chester Creek is centrally located in Duluth with access to Downtown, Colleges, Restaurants, Canal Park and Lakewalk, Hospitals, and on the bus line. This well maintained property has been updated with plumbing and electric, new kitchen and bathrooms and freshly painted throughout. Building has been tastefully restored allowing for new ownership to enjoy solid investment potential!

    Listing

    Contingency: None
    Price per sq ft: $176
    City: Duluth
    County: St. Louis
    State: MN
    Property Style: Triplex
    Zip Code: 55805
    Subdivision Name: Endion Div Of Duluth

    Interior

    Living Area: 2,551 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Garage Dimensions: 0
    Foundation Size: 1,018 ft2
    Foundation Dimensions: 28x32
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Fireplace(s)
    Parking Features: Driveway - Other Surface
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Wood Siding
    Roof Details: Asphalt

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Chester Creek
    DNR Lake ID#: S9999113
    Waterfront Slope: Gradual, Steep
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: Creek/Stream

    Lot & Land

    Acres: 0.31
    Geolocation: 46.80214300, -92.08481500
    Lot Dimensions: 100 x 140
    Zoning: Residential-Multi-Family
    Lot Description:
    • Cleared
    • Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 709
    District Phone: 218-336-8700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $3,257
    Annual Fuel Expense: $2,287
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $724
    Annual Water/Sewer Expense: $1,487

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,720
    Lender-owned: Yes
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,720

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Adolphson Real Estate, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.