Coming Soon
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Coming Soon

$239,900

4 Beds 3 Baths 1,855 SQFT 0.10 Acres
Type: Coming Soon

1109 N 16th Street
Superior, WI 54880

MLS#: 7160031
Charles Leimer
Charles Leimer
The Real Estate Advantage
Office Broker
Phone: 612.310.3975
Office: 952.253.5600
Presented by: RE/MAX Results

Property Description

 

Fully leased triplex in central Superior with $3,085/month in gross rents! The main-floor unit offers 2 bedrooms, 1 bath and about 1,006 sq ft, and the two upper units are each 1 bedroom, 1 bath. All three units are leased into 2027, providing steady income from day one. Tenants pay trash; owner pays electric, fuel, water and sewer. A detached 2-car garage adds storage or possible extra income. Set on a 36x120 city lot with easy access to shopping, dining and the bridges into Duluth. A great addition to any investment portfolio, or live in the main unit and let the upper units help cover the mortgage.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area1,855 sqft
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
Foundation Dimensions22x40
FuelNatural Gas
Garage Dimensions18x16
Garage Square Feet288
Laundry FeaturesIn Basement, Lower Level

General

AccessibilityNone
Additional Parcels Y/NNo
CitySuperior
Construction MaterialsFrame
ContingencyNone
CountyDouglas
DirectionsFrom Belknap St, take Tower Ave south to N 16th St, then turn onto N 16th St to the property.
Electric Expense1074.97
Fuel Expense2485.06
Garage Spaces2
Gross Income37565.65
HeatingBaseboard
High School DistrictSuperior
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area1,855 sqft
Lot Size UnitsAcres
MaintenanceExpense3872.29
Net Operating Income23961.33
New ConstructionNo
Number Of Units Total3
Operating Expense13604.32
OwnerPaysElectricity, Fuel, Sewer, Water
PostalCitySuperior
Property SubtypeTriplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusComing Soon
Subdivision NameStricklands Add
Tax Annual Amount$2,745
Tax Year2025
Tenant PaysTrash Collection
Trash Expense387
Water Sewer Expense1151.99
Year Built1906
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total1,855 sqft
Foundation Area880 sqft
Lot Dimensions36x120
Lot Size Area0 sqft
Parking FeaturesDetached Garage, On-Street Parking Only
Road Frontage TypeCity Street
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$239,900

4 Beds 3 Baths 1,855 SQFT 0.10 Acres
Type: Coming Soon

1109 N 16th Street
Superior, WI 54880

MLS#: 7160031
Charles Leimer
Charles Leimer
The Real Estate Advantage
Office Broker
Phone: 612.310.3975
Office: 952.253.5600