For Sale: Saint Paul MLS# 7107652
Active
$749,900
Multi-family: Fourplex
5 br • 4 ba • Built 1958
2,920 sqft • 0.127 acres
St. Paul schools
MLS# 7107652
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Rare opportunity to own a well-maintained four-unit investment property in the heart of Saint Paul's highly desirable Merriam Park neighborhood. This well maintained four unit property combines timeless character with the practical features today's investors appreciate. Each spacious apartment offers beautiful hardwood floors, abundant natural light, generous living spaces, and classic architectural details that continue to stand the test of time. Ownership is simplified with separate gas and electric meters, updated mechanical systems, shared laundry facilities, ample basement storage, and a detached three car garage that provides valuable off-street parking and additional revenue potential. Situated in one of Saint Paul's most desirable neighborhoods, you'll enjoy close proximity to the University of St. Thomas, Macalester College, the Mississippi River, neighborhood parks, restaurants, shopping, public transit, and easy access to both downtowns. A rare opportunity to acquire a quality income-producing property in a premier location with enduring tenant appeal. Schedule your private showing today so you do not miss your opportunity to own this exceptional building as it is likely to sell quickly.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$749,900
Price per sq ft:
$257
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
1958
State:
MN
Property Style:
Fourplex
Zip Code:
55104
Neighborhood/Area:
96
Subdivision Name:
Oakland Park Addition, To The C
Interior
Bedrooms:
5
Bathrooms:
4
Finished Area:
2,920 ft2
Living Area:
2,920 ft2
Refrigerators:
Four
Basement Details:
- Block
- Full
- Owner Access
- Partially Finished
- Shared Access
- Storage/Locker
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
616 ft2
Foundation Size:
1,460 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached Garage
- Garage Door Opener
Shared Amenities:
- Coin-op Laundry Owned
- Laundry
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
- Block
- Frame
Pool:
None
Roof Details:
Age Over 8 Years
Rooms
Laundry:
None
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.127
Geolocation:
44.947661, -93.17137
Lot Dimensions:
40 x 138
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Tenant Expenses:
Cable TV, Electricity, Insurance
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$12,107
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,972
Income
Annual Gross Income:
$54,300
Rent
Annual Net Income:
$1
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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 RE/MAX Results.
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.