829 East 2nd Street

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829 East 2nd Street

Duluth, MN 55805
Asking Price
$700K
Asset Type
Retail
Class
Class B

What's Special

East End wtih parking <p>Investment Opportunity? Or Owner occupy with the benefit of a tenant in place to help cover costs! This building sits in a perfect East End location just outside of downtown but with easy access and off street parking. Second floor tenant is already in place!</p><p></p><p>#010-3830-07630 & 07640</p><p>5,600 SF / 2 Floors</p><p>Built in 1922</p><p>2026 Taxes $19,480</p><p>Off Street Parking</p><p>Upper Floor Tenant in Place</p>

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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383

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