102 Gary St Duluth, MN 55808-1737
- Apartment buildings
- 8,100 SF
- 0.19 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 102 Gary St
- Year built
- 1916
- Lot size
- 0.19 lot acres
- Property size
- 8,100 SF
- Zone code
- R2
- Property type
- Apartment buildings
- APN
- 010-1800-09450
- APU
- 10180009450
Description
This exceptional investment opportunity presents a 34-unit boarding house in Duluth, Minnesota. Located at 102 W Gary St, 55808, this licensed property boasts 8,100 square feet of space and is offered at $1,250,000. The asking price translates to $154.32 per square foot, reflecting a strong return on investment potential. The property's substantial income stream provides a unique opportunity for immediate cash flow. This established business is turnkey, allowing a new owner to seamlessly take over operations and benefit from the existing tenant base. The property's location in Duluth, within St. Louis County, offers convenient access to local amenities and transportation. The building itself is a well-maintained structure, ready for continued operation as a successful boarding house. This is a rare chance to acquire a profitable, established business with significant real estate holdings, offering both immediate income and long-term growth potential. The property is classified as Special Purpose and is categorized as a boarding house. Financial details are available upon request. Serious inquiries only.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- St. Louis
- State
- Minnesota
- Longitude
- -92.2279
- Latitude
- 46.6701
- CBSA code
- 20260
- CBSA name
- DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
