Fully leased triplex in Duluths historic Endion neighborhood, with a rental license in place! Built in 1891, this property has a spacious 2 bedroom, 1 bath main-level unit and two 1 bedroom, 1 bath upper units. All three are leased into 2027 for a combined $3,085/month ($37,020/year). Classic character shines throughout, with hardwood floors, tall windows with decorative transoms, original trim, a fireplace mantel and an updated white kitchen. A covered porch, boiler heat and a full basement round out the features. Owner pays water, sewer and gas. Tenants pay electric and trash. A strong opportunity in a desirable location close to downtown, the Lakewalk and area colleges. Leases must be honored. Call today for financials.
Features
4 bedrooms
3 bathrooms
1984 sq. ft. floor area
crop_free0.17 ac. lot size
cottageOther
Property history for 1625 E 1st St
2016
Sold
$175,000
02 Jun 2016 by Jordan De Caro, of Coldwell Banker East West – Duluth
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