For Sale: Saint Paul MLS# 7119415
Active
$525,000
Multi-family: Triplex
5 br • 5 ba • Built 1906
3,704 sqft • 0.172 acres
St. Paul schools
MLS# 7119415
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Property Description
Exceptional opportunity to own a thoughtfully renovated and carefully curated tri-plex in the Cherokee Park neighborhood, just across the iconic Smith Avenue High Bridge. Enjoy nearby Cherokee Regional Park, scenic river bluff trails, easy access to downtown Saint Paul, the vibrant West 7th district, and the airport, with beautiful views of the State Capitol from the property.
Unlike a typical investment property, each of the 3 residences has been thoughtfully designed with its own distinct personality and charm.
Whether you're looking for a high-performing investment, an exceptional owner-occupied property, or a flexible multi-generational living arrangement, this tri-plex offers remarkable versatility. The property has an outstanding rental history with long-term residents, (Bonus) Each unit is individually metered gas and electric, and private in-unit laundry in each unit.
The expansive two-story Unit #1, features 3 bedrooms, 2 full baths, a large eat-in kitchen, and thoughtfully selected finishes throughout, offering the feel and function of a single-family home.
Unit #2 is a charming 1-bedroom, 1-bath apartment that beautifully reflects the home's historic character with original built-ins and its own private porch.
Unit #3 occupies 1/2 of the second floor and the entire finished lofted attic space, creating a truly unique owner's retreat or premium rental. Featuring soaring lofted ceilings, multiple skylights, abundant natural light, a spacious primary suite, roof top deck, forced-air and central AC, it lives like a private loft.
An oversized 2+ car garage provides additional storage and offers excellent potential for supplemental rental income. This is a great opportunity to own a character-filled, income-producing property where thoughtful design, architectural charm, strong investment fundamentals, and exceptional flexibility come together.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$525,000
Price per sq ft:
$142
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1906
State:
MN
Property Style:
Triplex
Zip Code:
55107
Neighborhood/Area:
104
Subdivision Name:
Nelson Stevens & Kings, Addi
Interior
Bedrooms:
5
Bathrooms:
5
Finished Area:
3,704 ft2
Living Area:
3,704 ft2
Refrigerators:
One Per Unit
Basement Details:
- Full
- Single Tenant Access
- Storage Space
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
30'x26'
Garage Size:
780 ft2
Garage Door Height:
7
Garage Door Width:
16
Foundation Size:
1,248 ft2
Foundation Dimensions:
32'x39'
Handicap Accessible:
None
Heating System:
- Boiler
- Forced Air
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.172
Geolocation:
44.929295, -93.093372
Lot Dimensions:
50' x 150'
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
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:
$1,200
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,124
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,124
Income
Annual Gross Income:
$60,200
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Real Broker, LLC.
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.