For Sale: Superior MLS# 7160031
Active Contingent
NEW!
$239,900
Multi-family: Triplex
4 br • 3 ba • Built 1906
1,855 sqft • 0.102 acres
Superior schools
MLS# 7160031
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Property Description
Fully leased triplex in central Superior with $3, 085/month in gross rents! The main-floor unit offers 2 bedrooms, 1 bath and about 1, 006 sq ft, and the two upper units are each 1 bedroom, 1 bath. All three units are leased into 2027, providing steady income from day one. Tenants pay trash; owner pays electric, fuel, water and sewer. A detached 2-car garage adds storage or possible extra income. Set on a 36x120 city lot with easy access to shopping, dining and the bridges into Duluth. A great addition to any investment portfolio, or live in the main unit and let the upper units help cover the mortgage.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$239,900
Price per sq ft:
$129
Property Type:
Multi-family
City:
Superior
Garage Spaces:
2
County:
Douglas
Year Built:
1906
State:
WI
Property Style:
Triplex
Zip Code:
54880
Subdivision Name:
Stricklands Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
1,855 ft2
Living Area:
1,855 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
18x16
Garage Size:
288 ft2
Foundation Size:
880 ft2
Foundation Dimensions:
22x40
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
- Detached Garage
- On-Street Parking Only
Road Frontage:
City Street
Exterior Material:
Frame
Rooms
Laundry:
- In Basement
- Lower Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.102
Geolocation:
46.719974, -92.094066
Lot Dimensions:
36 x 120
Zoning:
Residential-Multi-Family
Schools
School District:
5663
District Phone:
7153948710
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,075
Annual Fuel Expense:
$2,485
Annual Insurance Expense:
None
Annual Maintenance Expense:
$3,872
Annual Trash Expense:
$387
Annual Water/Sewer Expense:
$1,152
Tenant Expenses:
Trash Collection
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,745
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,745
Income
Annual Gross Income:
$37,566
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$23,961
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
SW L&P
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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.
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.