For Sale: South Saint Paul MLS# 6660124
Active
$1,600,000
Condo/Townhome: Low Rise (3- Levels)
Built 1961
0.49 acres
South St. Paul schools
MLS# 6660124
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Property Description
Hard to find rental property in a great location, evident perpetual care/maintenance and reliable market demand. Priced to return 6%+ capitalization with current market funding options.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,600,000
Property Type:
Condo/Townhome
City:
South Saint Paul
Garage Spaces:
0
County:
Dakota
Year Built:
1961
State:
MN
Property Style:
Low Rise (3- Levels)
Zip Code:
55075
Subdivision Name:
Grandview Add
Interior
Ceiling Height:
8-10
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Block
- Daylight/Lookout Windows
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
12
Air Conditioning:
Wall Unit(s), Window Unit(s)
Foundation Size:
3,000 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
- Guest Parking
- Parking Lot
- Paved
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
- City Street
- Curbs
- Paved Streets
Exterior Material:
Brick Veneer
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.49
Geolocation:
44.905414, -93.057308
Inclusions:
Other
Lot Dimensions:
134 x 161
Zoning:
Other
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
6
District Phone:
651-457-9400
Expenses
Annual Caretaker Expense:
$3,000
Annual Electric Expense:
$3,895
Annual Insurance Expense:
$5,685
Annual Maintenance Expense:
$2,760
Annual Gross Expense:
$97,900
Annual Trash Expense:
$3,766
Annual Water/Sewer Expense:
$3,724
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$22,236
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$22,236
Income
Annual Gross Income:
$149,500
Rent
Annual Net Income:
$51,600
Units
Total Units:
11
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.