For Sale: Saint Paul MLS# 7069447
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
412 Pierce Street is a renovated multifamily property situated near Allianz Field in the desirable Snelling/Midway area of Saint Paul. Units include 2 bedrooms and 1 bathroom layouts with updated finishes completed approximately six years ago, including granite countertops and stainless steel appliances. The roof was recently replaced, adding additional value for investors. The property provides strong in-place income and future appreciation potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1926
State:
MN
Property Style:
Other
Zip Code:
55104
Neighborhood/Area:
96
Subdivision Name:
Milham Park, Ramsey Co, , Minn
Exterior
Garage Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
4,752 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Steam
Parking Features:
- Assigned
- Parking Lot
- Paved Lot
Lot & Land
Acres:
0.148
Geolocation:
44.953657, -93.170442
Inclusions:
Building
Lot Dimensions:
120 x 111
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$11,000
Annual Insurance Expense:
$20,396
Annual Maintenance Expense:
$8,000
Annual Trash Expense:
$3,600
Annual Water/Sewer Expense:
$3,000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$10,674
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,674
Income
Annual Gross Income:
$201,492
Units
Total Units:
15
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
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 Pemberton RE.
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.