Homes for sale - 1028 Banks AVE, Superior, WI 54880

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REMAX TEAM

remaxnorthlandteamjared@gmail.com +1(218) 203-3603

$350,000

Est. payment - /mo

2,260 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,260 sqft

Price per Sqft $154

Subdivision West Superior 01 Div

MLS Listing ID 6807647

Year Built 1914

Annual Tax Amount $3,441

Tax Year 2024

Contingent None

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 50x80

Property Sub-Type Other

Property Description

Fully leased 5-plex in a prime Superior location! Situated on the corner of Banks Avenue and N 11th Street, this solid, well-maintained property features three 1-bedroom units and two studio apartments. The building offers a full poured-concrete basement and strong rental history. Several units have been updated, with opportunity to add value as others turn over. Per the seller, the Weil-McLain boiler and heating components have been upgraded, and the roof has been recently replaced. Currently generating approximately $4,055 per month in rental income with average monthly expenses of about $960 (utilities, taxes, and insurance) — this is a great opportunity for steady cash flow and continued equity growth

Location

State WI

County Douglas

Zoning Residential-Multi-Family

Rooms

Basement Full, Concrete

Interior

Heating Hot Water

Fireplace No

Exterior

Parking Features Other

Building

Story Two

Foundation 2260

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Metal Siding

New Construction false

Schools

School District Superior

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Listed by Megan Wilson • RE/MAX Results Duluth

Nearby School & Business

SCHOOLS PROPERTIES

Elementary Schools 20

9

Congdon Elementary School

Public | KG - 5
8

Lester Park Elementary School

Public | KG - 5
7

Bryant Elementary School

Public | PK - 5
7

Cooper Elementary School

Public | PK - 5
6

Bay View Elementary School

Public | PK - 5
6

Lowell Music Magnet Elementary School

Public | KG - 5
6

Homecroft Elementary School

Public | PK - 5
5

Lake Superior Elementary School

Public | PK - 5
5

Great Lakes Elementary School

Public | PK - 5
5

Myers-Wilkins Elementary School

Public | PK - 5
5

North Star Academy

Public | KG - 8
4

Stowe Elementary School

Public | KG - 5
4

Northern Lights Elementary School

Public | PK - 5
4

Raleigh Primary/El Academy

Public | KG - 5
4

Laura Macarthur Elementary School

Public | PK - 5
3

Piedmont Elementary School

Public | PK - 5
0

Twin Ports Baptist School

Private | 4 - 12
0

Cathedral School

Private | PK - 8
0

St James Catholic School

Private | PK - 8
0

Merritt Creek Academy

Public | 1 - 12

Middle Schools 6

7

Ordean East Middle School

Public | 6 - 8
5

Superior Middle School

Public | 6 - 8
4

A.I. Jedlicka Middle School

Public | 6 - 8
4

Lincoln Park Middle School

Public | 6 - 8
0

Duluth Area Learning Center

Public | 6 - 12
0

Woodland Hills Academy

Public | 6 - 12

High Schools 8

8

Harbor City International Charter

Public | 9 - 12
7

East High School

Public | 9 - 12
6

Proctor Senior High School

Public | 9 - 12
4

Superior High School

Public | 9 - 12
3

Denfeld High School

Public | 9 - 12
0

Rails Academy

Public | 9 - 12
0

The Bridge

Public | 12 - 12
0

Secondary Technical Center

Public | 9 - 12

School and business data provided by Attom Data.

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REMAX TEAM

+1(218) 203-3603

Full Service Brokerage | License ID: 40471702

Full Service Brokerage License ID: 40471702

Lake Homes FOR SALE

1028 Banks AVE Superior, WI 54880

REMAX TEAM

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information