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$329,000
3 Beds ⋅ 4 Baths ⋅ 7094353 MLS
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!

1028 Banks Avenue, Superior

Listing courtesy of RE/MAX Results Duluth.

$295,000
4 Beds ⋅ 4 Baths ⋅ 7093830 MLS
Excellent opportunity to own a versatile mixed-use commercial property in a high-visibility location on Belknap Street! The main level offers approximately 1,000 square feet of flexible office and/or retail space, providing the perfect opportunity to establish or expand your business. Why continue renting when you can invest in your own space? Two upper-level apartments generate additional income to help offset ownership costs, making this an attractive option for both owner-occupants and investors. The property also features a 24' x 24' detached garage and ample off-street parking for tenants, customers, and employees. Benefit from excellent exposure with strong traffic counts along Belknap Street.

601 Belknap Street, Superior

Listing courtesy of RE/MAX Results Duluth.

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