602-610 7th St S
Virginia, MN 55792

  • 2 beds
  • 1 bath
  • 6,600 sqft
  • 8,712 sqft lot
  • $69 per sqft
  • 1907 build
  • on site

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Attention investors! Look at this chance to purchase a rare 10 unit building with partial seller financing! Well maintained fully occupied 10 unit apartment building with 3 two bedroom units and 7 one bedroom units. This property has upgrades including new roof, new high efficiency heating system, new on demand hot water, and new commercial water softener system. All units have updated interiors and all 10 units have new rear decks and front porches. Steel siding and many new windows throughout. Property has been well managed and is fully occupied with no delinquencies. Rental performance is 5,600/mo with all utilities tenant paid. Rents are below market with significant opportunity to optimize cash flow and value.

Duluth Area Association of REALTORS logo Listing courtesy of DAAR / Heirloom Realty, LLC

Last checked: Checking… • Last updated May 6, 2024 •

MLS# 6096384 —

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Sale history

Date Event Source Price % Change
12/30/21
Sold DAAR $460,000 -1.9%
10/25/21
Pending DAAR $469,000
9/3/21
Price Changed DAAR $469,000 -6.0%

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Multifamily Sold on 12/30/2021

$460,000

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Duluth Area Association of REALTORS logo Listing Courtesy of: DAAR and Heirloom Realty, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Duluth MLS / DAAR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

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