For Sale: Saint Paul MLS# 7115837
Active
NEW!
$389,900
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1912
2,188 sqft • 0.104 acres
St. Paul schools
MLS# 7115837
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Property Description
Student registered up/down duplex in Merriam Park, fully rented through May 2027. The main-floor unit offers 2 bedrooms 1 bath and rents for $1, 310/month. The upper unit features 3 bedrooms spanning the second and third floors, filled with abundant natural light, and rents for $2, 000/month. Coin-operated laundry provides approximately $75/month in additional income.
Numerous updates include new copper gas lines, mostly newer windows, and newer skylights. Enjoy inviting front and back porches and an unbeatable location just minutes from both the University of St. Thomas and Macalester College, with easy access to parks, restaurants, coffee shops, and transit. A turnkey investment opportunity in one of St. Paul's most desirable neighborhoods. Fenced in backyard.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$389,900
Price per sq ft:
$178
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1912
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55104
Neighborhood/Area:
96
Subdivision Name:
Schroeders Add To, The Circle
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,188 ft2
Living Area:
2,188 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,002 ft2
Fencing:
Full
Handicap Accessible:
None
Heating System:
Boiler
Road Frontage:
County Road
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.104
Geolocation:
44.945533, -93.172983
Lot Dimensions:
45 x 101
Zoning:
Residential-Multi-Family
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, Snow Removal
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,876
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,876
Income
Annual Gross Income:
$40,620
Rent
Annual Net Income:
None
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 Edina Realty, Inc..
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.