For Sale: Saint Paul MLS# 7098240
Active
$550,000
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1922
3,000 sqft • 0.119 acres
St. Paul schools
MLS# 7098240
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Property Description
Gorgeous Cathedral Hill neighborhood duplex, just a few blocks south of Grand Avenue and walkable to almost anything you can think of, including Kowalski's, The Lexington, cafes, etc. This duplex has been in the same family for nearly 60 years, meticulously maintained and updated.
One of the most impressive features are the mirror like finish wood floors that have been redone, giving a warmth throughout the unit and eliminating the issues that come with carpeting.
Each unit features three bedrooms with closet space and gorgeous views to outside, as well as a large connected dining area and living room, with an additional sunroom off of the front door, and kitchen leading to the backyard. Each unit (upstairs/main level) comes with a garage space in the detached garage.
Laundry on site includes a washer and dryer for both the upstairs and main level tenant, meaning renters don't have to worry about sharing the laundry.
A two year lease for the lower level was signed for $1, 950 prior to the marketing of the property, the upstairs has a one year for $1, 950 until July 31st 2027.
Rents are below the market analysis of $2, 195 per month for similar properties in the area, giving a new owner potential upside in increased rental rates.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Price per sq ft:
$183
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1922
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55105
Neighborhood/Area:
100
Subdivision Name:
St Clair St & Short Line, Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
3,000 ft2
Living Area:
3,000 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
21' x 28.5'
Garage Size:
600 ft2
Foundation Size:
1,500 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached Garage
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.119
Geolocation:
44.936658, -93.14699
Lot Dimensions:
40' x 130'
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,600
Annual Maintenance Expense:
$1,700
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,230
Tenant Expenses:
Electricity, Gas, Heat, Lawn Care, Snow Removal
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,600
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,006
Income
Annual Gross Income:
$46,800
Rent
Annual Net Income:
$30,664
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
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!
Listing provided by RMLS,
courtesy of Apex Commercial Properties, LL.
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.