7820 Grand Avenue Duluth, MN $ 485,000
7820 Grand Avenue
$ 485,000
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7820 Grand Avenue

Duluth, MN, 55807
$ 485,000
Baths0.0 Sq 2,402

Monthly Estimate*

$ 3,223

7820 Grand Avenue, Duluth, MN 55807 - Image 1
Studio

Commercial Property for sale in Duluth, MN

for $485,000. This 2,402 square foot building was built in 1954 on a lot size of 0.71.

Amazing investment opportunity! LOCATION!! This 6 unit building has access to the Munger Trail in the backyard and is just blocks from the Spirit Mtn chalet and trail system! The property includes (5) 1 bdrm units and (1) 2 bdrm house (potential for an onsite property manager or owner occupied!). Each unit features it's own entry, kitchen area and bathroom. The house and Unit 3 arecurrently fully furnished rentals. The house basement has laundry machines and storage space. There is also a storage shed in thespacious back yard. The property offers off street parking for all tenants. The owner currently pays elec, water, sewer and trash.

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Commercial Pending

Price

$ 485,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,802

Style

Apartment

Lot Size

0.71

Year Built

1954

Town/City

Duluth

County/Region

Saint Louis

MLS | Web ID

6517927

Features
General
Sewer City Sewer/Connected
Heating Baseboard Forced Air Hot Water
Utilities Electric Common Hot Water Common
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1954
Property SubType Apartment
Tax Year 2024
Current Use Residential
Accessibility None
County St. Louis
Property Type Commercial Sale
Contingency None
Subdivision Name Nortons Fairmount Park Div Of Duluth
Directions Exit I-35 onto Grand Ave.
City Duluth
Buyer Agent Compensation 2.50
High School District Duluth
Zoning Description Other
NumberOfUnitsTotal 6
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4802
Additional Parcels Y/N N
Days on Market 28
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 0.71
Building Area Total 2402
Lot Dimensions 255 x 120
Foundation Area 1800
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Interior
Basement (Y/N) N
Fuel Electric
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Internal Only
Street Number 1 7820
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* Excluded Features
List By
Think Minnesota Realty Llc

Broker

dog28@me.com

Email

Affordability Calculator

$3,624
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,223
Monthly Property Taxes
$400
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709178 Elementary School
709002 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$485,000 -3.00% Price Down
4/11/2024$500,000 Listed Price

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7820 Grand Avenue, Duluth, MN, 55807 is a Commercial Property for sale at $485,000 with 2,402 sqft and a lot size of 0.71. 7820 Grand Avenue is a studio with 0.0 baths and was built in 1954. The property's zip code is 55807 which is in Duluth, MN