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1231 E 9th StreetDuluth, MN 55805

Chester Park Div Of Duluth · St. Louis County

$424,900List price
1916Year built
0.11Acre lot
2Stories
8 months agoOn market

Description

**BUILDING ONLY FOR SALE** Excellent mixed-use investment opportunity in the heart of Duluth’s Chester Park neighborhood. This commercial building features a well-established lower-level commercial tenant and an upper residential unit, offering diversified income potential. The lower unit is currently leased at $2,500 per month and pays an additional CAM charge of $3 per square foot, providing increased return and shared expense coverage for ownership. The upper unit is a 2-bedroom, 1-bath apartment currently leased at $1,287 per month, creating strong supplemental income. Property includes rental license and is conveniently located near UMD, schools, and major thoroughfares. A solid opportunity for investors seeking stable cash flow with upside potential in a high-demand area.

Property Information

Property type
Commercial Sale
Year built
1916
Stories
2
Lot size
0.11 acres
Lot dimensions
35x140
Zoning
Business/Commercial
Days on market
242
MLS® Listing#
7025182

Property Features

Cooling
Central Air
Heating
Forced Air · Other
Basement
Full
Parking
Other
Construction
Brick
Foundation
Stone
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$5,148
Parcel number
010050001860

Directions

From E 4th Street, head north on 13th Ave E, then turn right onto E

Listing Courtesy: RE/MAX Results - 2187222811

Presented by: Jordan R DeCaro

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