Dan Kaercher

Dan Kaercher

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Closed

$255,000

($31,761 down)
FHA

12 N 64th Avenue W, Duluth, MN 55807

N/A
N/A
1,598 sqft
PITI Monthly
$1,925.67 /mo

Listing courtesy of: , RE/MAX Results - Duluth (Main)

Assumed Rate

6.64%
7.15%

Principal & Interest

$1,442 /mo
$1,519 /mo

What's Special

LOCATION
FRESH PAINT
SPACIOUS
MOVE-IN READY
MODERN
DECK
SAFE
CHARMING
COZY
INVESTMENT OPPORTUNITY

Charming & Clean! Turn-Key Duplex in Duluth, MN – Ideal Investment or Owner-Occupied Opportunity. Nestled in a prime location, this beautifully updated two-story duplex in Duluth, MN, is a gem waiting for its next owner. Fresh paint and thoughtful updates throughout make this property truly move-in ready. The inviting, spacious backyard is framed by a pristine white privacy fence—perfect for cozy bonfires and providing a safe haven for pets. Step outside and take advantage of the two-level deck, ideal for relaxing or entertaining. The solid basement features shared laundry facilities, while recent electrical and plumbing updates ensure peace of mind and modern convenience. Additionally, a new roof was installed in 2022, adding further value and reliability to the property. Location is everything, and this duplex delivers. Situated just steps from the renowned Willard Munger Trail, Spirit Mountain, Lake Superior Zoo, and a variety of restaurants, shops, and local bars, there is no shortage of nearby attractions. Plus, with a bus route just one block away, commuting and exploring the city couldn’t be easier. The upper unit boasts two bright and airy bedrooms, while the lower unit offers a comfortable one-bedroom layout with an en-suite bathroom for added privacy and ease. This property comes with a rental license valid through October 2026, making it an excellent investment opportunity. Whether you're looking to expand your real estate portfolio or seeking a beautiful owner-occupied home, this property is ready to meet your needs. Don’t miss your chance to invest in your future with this turn-key duplex—schedule your viewing today!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.64
Remaining Loan Term
28 years, 11 months
Monthly PITI
$1,925.67/mo
Estimated Loan Balance
$116,900
Cash to close
$31,761
Interest Paid
$16,087

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Slate, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Asphalt
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Slate, Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1914
Details
  • Builder:

Community & HOA

Community
  • Subdivision: West End Add To Duluth
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Duluth

Financial Details

  • Price per Sqft: $159.57
  • Tax Annual Amount: $2093
  • On Market Date: 2024-11-14T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $31,761 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $31,761!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.64% Sellers Rate
$223,239
Your Cash$31,761
Total Purchase Price:$255,000

Assumed vs Traditional Mortgage

Assumed @ 6.64%
$1,442/mo
Traditional @ 7.5%
$1,575/mo
You save $133/month ($1,600/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6632940

Listing From: northstar

Last updated: 2025-01-06T15:56:02.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.64%
7.15%

Principal & Interest

$1,442 /mo
$1,519 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $31,761 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $31,761!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.64% Sellers Rate
$223,239
Your Cash$31,761
Total Purchase Price:$255,000

Assumed vs Traditional Mortgage

Assumed @ 6.64%
$1,442/mo
Traditional @ 7.5%
$1,575/mo
You save $133/month ($1,600/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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