For Sale: Saint Paul MLS# 6818676
Active Contingent
$450,000
Multi-family: Four Plex
3 br • 4 ba • Built 1898
3,172 sqft • 0.17 acres
MLS# 6818676
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Welcome home to this owner-occupied 4-unit property in the Merriam Park neighborhood in a perfect location between St Thomas University, downtown St. Paul, and downtown Minneapolis. This multi-family home has been well-loved and maintained by the same owner for over 15 years. Current rents are below market, and with renting out the owner's apartment, you should be able to be at a cap rate near 6%. Owner's apartment includes in-unit laundry, a steam shower, a sunroom, new windows, and 2 bedrooms. Charming entry way and hearth room, along with laundry room space in lower level are the shared amenities. Roof and boiler is approximately 3 years old. One car garage is used by owner. On street parking for tenants. Is available to close within 30-60 days. Ready to move-in and enjoy!
Listing
Listing Status:
Active Contingent
Contingency:
Subject to Financing
List Price:
$450,000
Price per sq ft:
$142
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
1
County:
Ramsey
Year Built:
1898
State:
MN
Property Style:
Four Plex
Zip Code:
55104
Neighborhood/Area:
96
Subdivision Name:
Merriam Park
Interior
Bedrooms:
3
Bathrooms:
4
Finished Area:
3,172 ft2
Living Area:
3,172 ft2
Refrigerators:
Four
Basement Details:
- Daylight/Lookout Windows
- Full
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
1
Garage Size:
360 ft2
Foundation Size:
1,386 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
Detached Garage
Shared Amenities:
- Laundry
- Porch
Road Frontage:
City Street
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
- Asphalt
- Pitched
Rooms
Shared Rooms:
Other
Laundry:
- In Basement
- Upper Level
Lot & Land
Acres:
0.17
Geolocation:
44.9507699647, -93.1810966442
Lot Dimensions:
97 x 75
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$4,142
Annual Insurance Expense:
$5,000
Annual Maintenance Expense:
$1,500
Annual Trash Expense:
$1,236
Annual Water/Sewer Expense:
$900
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,491
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,612
Income
Annual Gross Income:
$26,280
Rent
Annual Net Income:
$11,502
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
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.