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Sold
$239,900  (list price)
$235,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
1,391 sqft • 0.159 acres
St. Paul schools
MLS# 7087188
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    Property Description

    Turnkey duplex with immediate cash flow and strong rental history! This updated up/down property is a fantastic opportunity for investors or owner-occupants looking to offset their mortgage with rental income. The lower unit rents for $1, 350/month and features exclusive basement access with in-unit laundry and valuable storage space, while the upper unit rents for $1, 325/month (lease ends 6/30 for new tenant or owner occupant). Both units have been refreshed with updated finishes, attractive kitchens and baths, and beautiful hardwood floors that add character and appeal. Separate utilities help simplify management and keep operating expenses predictable. The spacious covered front porch, large yard, and off-street parking add to the property's tenant-friendly appeal. Conveniently located near shopping, restaurants, parks, schools, and major commuter routes, this property offers the ideal combination of cash flow, functionality, and long-term investment potential. Whether you're adding to your portfolio or purchasing your first investment property, this is an opportunity worth a closer look.

    Listing

    Contingency: None
    Price per sq ft: $172
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55106
    Neighborhood/Area: 90
    Subdivision Name: Terrys Add

    Interior

    Living Area: 1,391 ft2
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 810 ft2
    Fencing: Chain Link, Full
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: Gravel
    Shared Amenities: Porch
    Pool: None
    Roof Details: Asphalt

    Rooms

    Laundry:
    • In Unit
    • Lower Level
    • Upper Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.159
    Geolocation: 44.963342, -93.05139
    Lot Dimensions: 50' x 140 x 50' x 140'
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    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: Cable TV, Electricity, Gas, Insurance

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,998
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,998

    Income

    Annual Gross Income: $32,100
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $27,100

    Units

    Total Units: 2

    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 Fuze Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.