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Great opportunity for investor with this 12 unit apartment complex location near downtown of Cloquet. Victory Apartments are currently 100% occupancy, wait list, and cash flow positive. Recent upgrades on the exterior are wonderful- windows, roof, hot water heater, and siding make this an investors great find with little to no current outdoor maintenance forecasted. One and a two bedroom apartment and a few Efficiencies make up the units, local caretaker in place, and the basement could be transformed into storage for tenants and possible extra revenue.

Address: 17 8th St
State: MN
City: Cloquet
County: Carlton
Zip Code: 55720
MLS#: 6080481
MLS Area: Cloquet
Taxes: $6,026

Interior Details

  • Appliances:Business, Building, Leases
  • Features:
  • Furnished:
  • Floor Type:
  • Cooling:Window
  • Heating:Boiler, City Gas, Electric
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:Asphalt Shingles
  • Garage Spaces:
  • Pool:No
  • Utilities:City
  • Lot Description:
  • Lot Size:100 x 50
  • Exterior:Vinyl
  • Sewer:City

Community Details

  • HOA: $0/mo
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:Take Cloquet Ave to 7th Street. Go South. Turn left on Avenue F. Take right onto 8th Street(one way). Apartment building on left. Signs on site.
Property Information Last Updated: 2/17/2019 7:48:59 AM
Property Listed By RE/MAX Results

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Duluth MLS / DAAR assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.