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1422 Weeks Avenue Superior, WI $ 475,000
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$ 475,000 Get more info
1422 Weeks Avenue
$ 475,000
Back to search
Share Save

1422 Weeks Avenue

Superior, WI, 54880
$ 475,000
Baths0.0 Sq 5,208

Monthly Estimate*

$ 3,318

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Studio

Commercial Property for sale in Superior, WI

for $475,000. This 5,208 square foot building was built in 1870 on a lot size of 0.12.

Great investment opportunity! This 8 unit secure building is fully rented. There are four 1 bedroom/1 bath units and four 2 bedroom/1bath units. Monthly rental income is $5,750 and most units are currently rented below market rent. Renters in 6 of the units pay their own electric. All utilities are included in 2 units. Renters have access to coin operated laundry in the basement. There is plenty of room for storage in the full basement as well. The roof was replaced in 2016. Siding needs some attention but there is a ton of potential to grow the value and profitability of this unit.

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Commercial Pending

Price

$ 475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,943

Style

Apartment

Lot Size

0.12

Year Built

1870

Town/City

Superior

County/Region

Douglas

MLS | Web ID

6515753
Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Cooling None
Utilities Electric Separate
Garage Spaces 0
Construction Materials Other
Year Built 1870
Levels Two
Property SubType Apartment
Tax Year 2023
Current Use Residential
Gross Income 69000
Accessibility None
County Douglas
Property Type Commercial Sale
Contingency None
Directions From Belknap St Turn North on Weeks. Property is on the right.
City Superior
Buyer Agent Compensation 2.50
High School District Superior
Zoning Description Residential-Multi-Family
Total Units 8
Street Name Weeks
Land Lease Y/N N
Tax Annual Amount 2943
Additional Parcels Y/N N
Days on Market 1
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full Concrete Unfinished
Basement (Y/N) Y
Street Suffix Avenue
Fuel Natural Gas
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.12
Building Area Total 5208
Lot Dimensions irreg
Lot Size Units Acres
Foundation Area 1852
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1422
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* Excluded Features
List By
Re/Max Results - Duluth (Main)

Broker

megan.wilson@results.net

Email

Affordability Calculator

$3,563
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,318
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
3048322 Elementary School
3048550 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2024$475,000 Listed Price

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1422 Weeks Avenue, Superior, WI, 54880 is a Commercial Property for sale at $475,000 with 5,208 sqft and a lot size of 0.12. 1422 Weeks Avenue is a studio with 0.0 baths and was built in 1870. The property's zip code is 54880 which is in Superior, WI

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