The house pictured above went on the Duluth Real Estate Market in August and is scheduled for auction this month. It is a log home on 4.5 acres 10 miles up the Lake Superior Shore. It was not finished by the prior owner and has many needs but presents the opportunity for good sweat equity.
It is in very good condition with newer kitchen windows, carpet and a full basement. The city owns lots behind the house and would likely sell them. This would make for a very nice size yard. Most Duluth foreclosed homes aren’t in condition this good.
It is currently listed for $249,900. It is on Little Pequawyan (Smith) Lake about 35 miles north of Duluth. It looks like a pole building but it is much more than an ordinary pole building. Super insulated on an engineered slab with hot water in floor heat. On the lower level there is a fantastic shop area and 2 garage stalls with 14′ over head doors. Upstairs are living quarters to the tune of 1600 feet. Along with the property is a building site intended for the main house. All this and 238 feet of frontage on one of the nicer lakes in the area. This property is listed for far less than the owner owes so anyone making an offer will have to wait for short sale approval from the bank.
Located in Superior, Wi. This home is listed at $34,000. Features 2 bedrooms one bath and hardwood floors. It would make a great rental property for any investor.