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For Sale:  Saint Paul MLS# 7074751

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Active NEW!
$470,250
/mo Edit
Multi-family:  Triplex
7 br • 4 ba • Built 1889
4,485 sqft • 0.111 acres
St. Paul schools
MLS# 7074751
763-576-8286
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    Property Description

    Well maintained triplex located in St Pauls desirable Summit-University neighborhood offering strong cash flow and full occupancy in a stable rental market. Property features hardwood floors, spacious layouts, and strong long-term tenant appeal in a quiet residential setting with convenient access to downtown St Paul, public transportation, shopping, dining, and neighborhood amenities. Additional features include coin-operated laundry, detached 2-car garage, alley access, off-street surface parking, and a nice side yard for tenant enjoyment. The property offers an excellent combination of stable in-place income and long-term operational upside potential. Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $470,250
    Price per sq ft: $105
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 2
    County: Ramsey
    Year Built: 1889
    State: MN
    Property Style: Triplex
    Zip Code: 55104
    Neighborhood/Area: 101
    Subdivision Name: Fairbanks Add To The, City

    Interior

    Bedrooms: 7
    Bathrooms: 4
    Finished Area: 4,485 ft2
    Living Area: 4,485 ft2
    Refrigerators: One Per Unit, Three
    Basement Details:
    • Block
    • Finished
    • Full
    • Owner Access
    • Partially Finished
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 20 x 20
    Garage Size: 400 ft2
    Garage Door Height: 7
    Garage Door Width: 12
    Foundation Size: 1,196 ft2
    Foundation Dimensions: 23 x 52
    Fencing: Partial
    Handicap Accessible: Doors 36"+
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Detached Garage
    • Gravel
    • Unassigned
    Shared Amenities:
    • Coin-op Laundry Owned
    • Laundry
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material:
    • Block
    • Concrete
    • Frame
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Laundry:
    • Common Area
    • In Basement
    • Laundry Room

    Lot & Land

    Acres: 0.111
    Geolocation: 44.949687, -93.137813
    Lot Dimensions: 40 x 121
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 6517678100

    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, Fuel, Gas, Heat, Hot Water, Snow Removal, See Remarks, Taxes, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,036
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $12,384

    Income

    Annual Gross Income: $54,348

    Units

    Total Units: 3

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    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 Gold Group Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.