$600,000
$629,900
4.7%For more information regarding the value of a property, please contact us for a free consultation.
6716 Westgate BLVD Duluth, MN 55807
0.84 Acres Lot
Key Details
Sold Price $600,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision West Gate Div Duluth
MLS Listing ID 6408792
Sold Date 10/05/23
Year Built 1954
Annual Tax Amount $7,384
Tax Year 2023
Contingent None
Lot Size 0.840 Acres
Acres 0.84
Lot Dimensions 145x220
Property Description
Don't miss out on this ten unit building that is fully operational and is ready for its new owners! This property offers 2 (2) bedroom units, 1 (1) bedroom unit, & 7 (studio) apartments with annual income of ($92,940.00). There is convenient coin operated laundry and a 3 car detached garage that could be a source of additional rental income or be a great place to store everything needed to operate the 2 buildings. The lot offers plenty of off street parking and with plenty of room to spare and property is also situated in a more private area and conveniently located close to I-35 and the Spirit Valley shops and businesses. Landlord currently pays all utilities and some of the unit rents are below market value. With some minor adjustments this could set up the new owners to be in a great position increasing value instantly. Lease lengths and contracts vary. Rent roll and expenses are available on request.
Location
State MN
County St. Louis
Zoning Other
Rooms
Basement Block, Crawl Space, Partial, Slab
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 3.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Residential
Building
Foundation 2986
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Aluminum Siding,Steel Siding,Wood Siding
Schools
School District Duluth
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