1028 Banks Avenue

Superior WI 54880

2260 sq. ft.

0.09 ac.

Other

Currently for sale - view listing

Overview

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 $3,935 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!

Features

3 bedrooms

4 bathrooms

2260 sq. ft. floor area

0.09 ac. lot size

Other

Happy sellers in Superior

We have insufficient information to provide an overview of customer satisfaction for Superior. Viewing the agent profiles, reviews and sales for Superior can provide insights for this location.

Local market activity for 3 bedroom other properties in Superior

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Megan Wilson

at REMAX Results | Duluth

View listing

Sales:: (619) 566-0008

Quick Links

Terms & Conditions

Licensing

Sitemap