Fully leased 5-plex in a prime Superior location! Situated on the corner of Banks Avenue and N 11th Street, this solid, well-maintained property features three 1-bedroom units and two studio apartments. The building offers a full poured-concrete basement and strong rental history. Several units have been updated, with opportunity to add value as others turn over. Per the seller, the Weil-McLain boiler and heating components have been upgraded, and the roof has been recently replaced. Currently generating approximately $4,055 per month in rental income with average monthly expenses of about $960 (utilities, taxes, and insurance) this is a great opportunity for steady cash flow and continued equity growth
| MLS # | 6807647 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 18 |
| Listing Provided By | RE/MAX Results Duluth | Megan L Wilson |
| SQ Feet | 2,260 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.09 |
| Heating | Hot Water |
|---|
| Construction Materials | Metal Siding |
|---|
| Parking Features | Other |
|---|
| Property | 3441 |
|---|
| State | WI |
|---|---|
| County | Douglas |
| City | Superior |
| Zip Code | 54880 |
| Community Name | West Superior 01 Div |
| School District | 5663 |
| High School | Superior |
| State | WI |
|---|---|
| County | Douglas |
| City | Superior |
| Zip Code | 54880 |
| Community Name | West Superior 01 Div |
| School District | 5663 |
| High School | Superior |