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For Sale:  Saint Paul MLS# 6780533

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Active NEW!
$308,700
/mo Edit
Multi-family:  Triplex
Built 1911
2,045 sqft • 0.14 acres
St. Paul schools
MLS# 6780533
763-576-8286
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    Property Description

    A wonderful opportunity for the buyer/investor with deep financial pockets, rehabilitation acumen and a vision. The property is a legal triplex with the City of St. Paul. Let's begin with the BENEFITS and OPPORTUNITIES: legal triplex, newer vinyl siding (2024), newer roof (2024), quiet, non-through street, 1, 500 feet (1/3 mile - walking distance) to the Light Rail Fairview Station, 9 blocks to Allianz Field, Under 10 minute drive to nearly every necessary shopping need, restaurants, U of M, University of St. Catherine, University of St. Thomas, Concordia University, Macalester College, I-94. 15 minutes or less to both downtown Minneapolis and St. Paul. CHALLENGES this property presents: significant deferred maintenance will require a substantial cash investment to return it to rentable condition. DO NOT USE the back stairway from the back yard to access the 2nd floor unit. Boiler is old, two electrical services panels (both are fuse-style), garage will most likely need to be razed (then rebuilt or possibly use that area for off-street parking). Easy to show. Easy to purchase. Nice winter project to have it set for the spring rental market. Property is being sold AS-IS.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $308,700
    Price per sq ft: $151
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 1
    County: Ramsey
    Year Built: 1911
    State: MN
    Property Style: Triplex
    Zip Code: 55104
    Neighborhood/Area: Merriam Park/Lexington-Hamline
    Subdivision Name: Lovering's Addition

    Interior

    Finished Area: 2,045 ft2
    Living Area: 2,045 ft2
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Foundation Size: 883 ft2
    Foundation Dimensions: 35.33x25
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Gravel
    • On-Street Parking Only
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.14
    Geolocation: 44.9534375692, -93.175554961
    Lot Dimensions: 48 x 126
    Zoning: Residential-Single Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,743
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,390

    Income

    Annual Gross Income: None
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.