Looking to add to your investment portfolio? This priced to sell, 17-plex is ready for its new owner. Centrally located in Cloquet, this multi-family complex has had it's fair share of upgrades and repairs over the last few years. Updates include new flooring in common space, all but 4 units completely renovated from top to bottom, 2/3 new hot water heaters, updated steam boiler, and roof repairs. This is a must see if you are looking to start off the New Year hot! See associated docs for rent roll and detail of updates done to each unit.
Don't miss out on this awesome investment opportunity!! Check out this up-and-down duplex, centrally located and close to everything! The lower unit is a 2 bedroom, 1 bathroom, and the upper unit is a 1 bedroom, 1 bathroom. The owner pays for the heat, water, sewer, and garbage while the tenants pay for the electricity. The roof was replaced last year with new shingles and decking, and the water heater was also new last year. Schedule a private tour today!
The median home value in Cloquet, MN is $222,750. This is lower than the county median home value of $223,200. The national median home value is $338,100. The average price of homes sold in Cloquet, MN is $222,750. Approximately 64.02% of Cloquet homes are owned, compared to 29.69% rented, while 6.3% are vacant. Cloquet real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cloquet real estate agent to arrange a tour today!
Cloquet, Minnesota has a population of 12,563. Cloquet is less family-centric than the surrounding county with 25.32% of the households containing married families with children. The county average for households married with children is 29.67%.
The median household income in Cloquet, Minnesota is $55,007. The median household income for the surrounding county is $68,579 compared to the national median of $69,021. The median age of people living in Cloquet is 36.5 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 1 degrees. The average rainfall is approximately 31.6 inches per year, with 69.9 inches of snow per year.