Attention investors! Build a portfolio in the northland. Well maintained fully occupied 12 unit apartment building with 11 two bedroom units and 1 one bedroom unit. Solid sought after building. Many upgrades including a new high efficiency heating system, on demand hot water, and new commercial water softener system. The roof and brick exterior are in good condition. Most units have been updated and the building comes with a 9 stall garage building adjacent the driveway. Property has been well managed and is fully occupied with no delinquencies. Rental performance is 7800/mo and all utilities are tenant paid. Many long term tenants. Opportunity to increase performance through value add and optimizing rents to current market. Purchase separately or as a portfolio package with 602-610 7th Street South.
|INSPECTION CONTINGENCY (from ACTIVE)||–||–|
By searching, you agree to the End User License Agreement
Information is supplied by seller and other third parties and has not been verified.
Copyright 2021 Duluth Area Association of REALTORS® MLS All Rights Reserved.