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For Sale:  Saint Paul MLS# 7107609

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Active
$579,000
/mo Edit
Multi-family:  Fourplex
10 br • 4 ba • Built 1915
4,100 sqft • 0.112 acres
St. Paul schools
MLS# 7107609
763-576-8286
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    Property Description

    This property is currently rented in 3 units, turnkey 4-plex with two and three-bedroom units, offering strong rental income potential and a proven track record of occupancy. Its convenient location near public transit and downtown St. Paul makes it attractive to both tenants and investors, with potential for steady cash flow and appreciation. The property has benefited from several recent upgrades throughout the building. Unit 2 features light renovations, including new bathroom flooring and vanity, as well as new lower kitchen cabinets and sink base. Unit 3 has been updated with new bathroom flooring and a new toilet. Additionally, the entire building has been improved with new interior and exterior doors and frames throughout, along with a newly constructed staircase leading to the basement. Good cash flow opportunity.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $579,000
    Price per sq ft: $141
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 0
    County: Ramsey
    Year Built: 1915
    State: MN
    Property Style: Fourplex
    Zip Code: 55130
    Neighborhood/Area: 98
    Subdivision Name: Stinsons Add

    Interior

    Bedrooms: 10
    Bathrooms: 4
    Finished Area: 4,100 ft2
    Living Area: 4,100 ft2
    Refrigerators: Four
    Basement Details:
    • Block
    • Full
    • In-Floor Heat
    • Shared Access
    • Storage/Locker
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,050 ft2
    Foundation Dimensions: 61x32
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Hot Water

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.112
    Geolocation: 44.963413, -93.078999
    Lot Dimensions: 50 x 150
    Zoning: Residential-Multi-Family

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $800
    Annual Fuel Expense: $1,200
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $15,232
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $15,232

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: 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 Elevate Your Home LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.