2601 Hughitt Ave, Superior, WI 54880
MULTI_FAMILY - Superior, WI
- Added:
- Jun 12, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 14 at 9:06 am
Property Features for 2601 Hughitt Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Basement, Bedroom 3, Bedroom 1
- Parking features
- Off Street, Driveway
- Exterior features
- Fire Escape
- Basement
- Concrete
- Standard status
- Active
- APN
- 07-807-02936-00
- Size
- 1,660 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2387
Utilities
- Heating system
- Natural Gas, Hot Water(Heating), Radiant, Oil
Building Details
- Year built
- 1901
- Number of units
- 3
- Roof type
- Shingle
Listing agent Tom Acton License #40200615|WI67860-94 (952) 829-2900
Listing office RE/MAX Results Duluth, WI (952) 829-2900
Listing date Jun 12, 2026
Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Stucco triplex built in 1901 with 2‑bedroom unit on the main floor and two 1‑bedroom units on the upper floor
- Tenant‑paid utilities include electricity and internet/cable; seller pays water, sewage, and heat
- Lease mix: 2 units month‑to‑month and 1 unit under a fresh lease
- Roof replaced in 2005; sewer in the alley replaced in 1994 per city records
- Heating includes a dependable Weil Mclain boiler (natural gas and hot water/radiant/oil listed); fire escape included
- Coin‑op washer and dryer in the basement; attached garage not used by tenants
Overview
The roof was replaced in 2005, and city records indicate the sewer in the alley was replaced in 1994. Tenant-paid utilities include electricity, and internet/cable if the tenant wants it, while the seller pays water, sewage, and heat.
From a leasing standpoint, two units are month-to-month while one unit is under a fresh lease, giving a buyer flexibility around tenancy timing. The attached garage can be a useful asset for an owner who manages multiple properties, and the coin-op laundry supports day-to-day resident convenience.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.9k | $12.60 |
| − Vacancy | −$1.2k | −$0.69 |
| EGI | $19.8k | $11.91 |
| − OpEx | −$5.9k | −$3.57 |
| NOI | $13.8k | $8.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Superior
- County
- Douglas
- State
- Wisconsin
- Longitude
- -92.099911
- Latitude
- 46.707605
