Stucco Triplex with Attached
2601 Hughitt Ave Superior, WI 54880
For Sale
$270,000
MULTI_FAMILY - Superior, WI
Property Size1,660 SF
Lot Size0.16 Acres
Price / SF$162.65
Days on Market21
Property Features for 2601 Hughitt Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Basement, Bathroom 3
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
Oil, Radiant, Natural Gas, Hot Water(Heating)
Building Details
Year built
1901
Number of units
3
Roof type
Shingle
Listing Agency:
RE/MAX Results
(952) 829-2900
Listed By:
Tom Acton · License #40200615|WI67860-94
(952) 829-2900
Added: Jul 10
Changed: Jul 12
Last Checked: Jul 30 at 4:06AM
MLS# 6125908
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.
Investment Insights
Based on property information with market context.
This stucco triplex is arranged with a 2-bedroom unit on the main floor and two 1-bedroom units on the upper floor. The property includes an attached garage and a basement with coin-operated washer and dryer. Tenant-paid utilities include electricity and internet/cable, while the seller pays water, sewage, and heat. Two units are on month-to-month terms, and one unit is under a fresh lease.
Exterior and major systems include a roof replacement in 2005 and a sewer replacement in the alley documented per city records in 1994. The building is serviced by a dependable Weil-McLain boiler. The attached garage is described as not used by tenants and could be useful for an owner with other properties in the area.
The asset presents as a straightforward small multifamily investment with three separate units and a mix of rental term structures.
Exterior and major systems include a roof replacement in 2005 and a sewer replacement in the alley documented per city records in 1994. The building is serviced by a dependable Weil-McLain boiler. The attached garage is described as not used by tenants and could be useful for an owner with other properties in the area.
The asset presents as a straightforward small multifamily investment with three separate units and a mix of rental term structures.
Key Highlights
- Stucco triplex in Superior with 1 two‑bedroom unit on the main floor and two one‑bedroom units on the upper floor
- Year built 1901; roof replaced in 2005 and shingle roof is in place
- Dependable Weil‑McLain boiler with heating options including natural gas, hot water, oil, and radiant heat
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 |
1,660 SF · lease $12.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.7K
$173.0K – $230.6K
NOI $13,836 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$174.0K
$152.2K – $203.0K
NOI $12,178 @ 7.0% cap · market cap 4.51%
Theoretical Best
Specialty Retail
$523.4K
$458.0K – $610.6K
NOI $36,637 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Stucco triplex in Superior offers one 2-bedroom unit and two 1-bedroom units, with tenant-paid electricity and internet/cable.
Where is this triplex located?
The property is located at 2601 Hughitt Ave Superior, WI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Stucco triplex in Superior with 1 two‑bedroom unit on the main floor and two one‑bedroom units on the upper floor; Year built 1901; roof replaced in 2005 and shingle roof is in place; Dependable Weil‑McLain boiler with heating options including natural gas, hot water, oil, and radiant heat
