Triplex Property
| Contact: |
neal@rentwithheirloom.com |
Triplex
MLS# 6125077
For Sale: $349900
Status: 5
Total Bedrooms: 2
Total Bathrooms: 1
Total Fin Square Footage: 2388
Approx Number of Acres: 0.16
Waterfront: No
Turnkey triplex in the heart of East Hillside with two units leased and one vacant. Move in, lease up, or refresh to increase rents. This solid stucco two-story has been well maintained and offers a classic Duluth multi-family footprint with good bones and strong income from day one. Unit 1 is a 2 bed/1 bath leased at $1,125/mo. Unit 2 is a vacant 1 bed/1 bath ready for an owner-occupant or new tenant at market. Unit 3 is a 2 bed/1 bath leased at $1,200/mo. Tenants pay all utilities except electric. Off-street parking on site. At $349,900, this one pencils under the 1% rule at market rents. Walkable to Chester Park, Chester Creek trails, UMD, and downtown Duluth with convenient access to bus service. Strong rental demand in this corridor makes this a low-risk hold with long-term upside.
Additional Photos
Features
Map
| Cumulative DOM: | 8 |
| Price Per SQFT: | 146.52 |
| School District: | Duluth #709 |
| Year Built: | 1881 |
| Stories: | 2 Story |
| Approx Lot Dimension: | 50 x 140 |
| Classification: | NonHomestead |
| Leased Land: | Owned |
| Parcel Number: | 010-3830-11730 |
| Tax Year: | 2026 |
| Tax Amount: | 5132 |
| Assessments: | Yes |
| Foreclosure: | No |
| Rental License: | Yes |
| Foundation Dimensions: | 12x26 4x9 |
