For Sale: Saint Paul MLS# 7157772
Active
$475,000
Multi-family: Apartments
8 br • 4 ba • Built 1978
3,200 sqft • 0.23 acres
St. Paul schools
MLS# 7157772
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Property Description
Investment opportunity in St. Paul! This fourplex features four 2-bedroom, 1-bath units, all currently rented, providing income from day one. Built in 1978, separate gas and electric utilities, furnace, ac and water heater replaced in 2018, detached 6-car garage, and extra off-street parking. Property could you use some updating. Investors have the opportunity to improve the units, potentially increase rents, and build long-term value. Conveniently located near I-35E and a bus line.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$475,000
Price per sq ft:
$148
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
6
County:
Ramsey
Year Built:
1978
State:
MN
Property Style:
Apartments
Zip Code:
55130
Neighborhood/Area:
98
Interior
Bedrooms:
8
Bathrooms:
4
Finished Area:
3,200 ft2
Living Area:
3,200 ft2
Basement Details:
- Egress Window(s)
- Finished
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
6
Garage Size:
1,000 ft2
Foundation Size:
1,600 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Exterior Material:
Block
Pool:
None
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.23
Geolocation:
44.9891158186, -93.0879420641
Lot Dimensions:
120 x 40
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:
$2,353
Annual Maintenance Expense:
$4,800
Annual Trash Expense:
$1,462
Annual Water/Sewer Expense:
$3,802
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,880
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,880
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
4
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 RE/MAX Advantage Plus.
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.