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Active
$799,000
/mo Edit
Commercial:  Other
13 br • 6 ba • Built 1934
North St Paul-Maplewood schools
MLS# 7059549
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    Property Description

    Six-unit cash flowing building in St. Paul's North End, a quick shot down Jackson to downtown. One 1-bed, Three 2-bedrooms, Two 3-bedrooms. Separate utilities per unit (tenants pay their own), common heat. Cosmetic updates are done across the building, including fresh paint, new hardware in spots, a couple of new ranges, updated electrical outlets, and a new set of washer/dryer hookups. Nothing flashy. The kind of stuff that keeps units rent-ready. Location does the heavy lifting. North of downtown St. Paul with quick 35E access at Pennsylvania, Metro Transit on Jackson, and Como Park a short drive west. The North End has been climbing and demand for workforce housing in this pocket stays strong. Portfolio add, not a project. Financials available to pre-approved investors on request. Bring your 1031, your cash, or your small multi-family loan and let's run the numbers.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Other
    Zip Code: 55117
    Neighborhood/Area: 97

    Interior

    Refrigerators: One Per Unit
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details: Full

    Exterior

    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,920 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • More Parking Offsite for Fee
    • Open
    • Parking Lot
    Shared Amenities:
    • Coin-op Laundry Owned
    • Security Building
    Roof Details: Pitched

    Lot & Land

    Acres: 0
    Geolocation: 44.964382, -93.098209
    Inclusions: Building, Leases
    Lot Dimensions: 71 x 94
    Zoning: Residential-Multi-Family

    Schools

    School District: 622
    District Phone: 6517487410

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,478
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,478

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected

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    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.