Property Address: 418 N 13th Ave E, Duluth, MN, 55805-2347
Average square foot calculated using Size range provided by listing agent.
Description
Excellent opportunity to turn this home into your own, or keep it as profitable investment, not far from UMD and Chester Park! The main level features an open living room, dining area, and kitchen, along with a spacious 3-season porch offering fantastic views and the perfect spot to relax and unwind. Upstairs you’ll find three generously sized bedrooms, plus a recently remodeled 3/4 bathroom with a beautifully tiled shower, new flooring, toilet and vanity. The fourth bedroom is located on the third level, and the fifth bedroom recently updated, is in the basement, offering flexibility and excellent bedroom separation. This fully licensed 5-bedroom, 1-bath home is currently vacant, but was just recently generating over $2, 325 per month in rent, with tenants responsible for all utilities — a strong, low-maintenance addition to any portfolio. The property boasts a fabulous rental history and a highly functional layout designed for comfortable living. Just a little bit of a sweat equity in the form of paint and carpet would help go a far way and put the next owner in an even better equity position on this property! Adding to the appeal is maintenance free vinyl siding, metal wrapped windows, facia and soffits, off-street parking, a forced air furnace (2015) and a gas water heater (2019). Whether you’re looking for a cash flowing investment or looking to quit paying rent yourself and owning an affordable home, this property may be just the ticket!