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For Sale:  Saint Paul MLS# 6528684

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Active
$565,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1903
4,592 sqft • 0.11 acres
St. Paul schools
MLS# 6528684
763-576-8286
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    Property Description

    Exciting opportunity to own a large & well maintained multi-unit building in a premium highly accessible location. Spacious well laid-out units featuring original woodwork each with huge Victorian porches. Upper unit was recently renovated into a 5 BR/2 BA multi-level design featuring additional upper level laundry could be perfect for multi-generational living situation. NOTE - this layout would be a relatively easy conversion into a tri-plex, which would now be allowed with St.Paul's new zoning changes approved last fall. New replacement windows thru-out 1st & 3rd floors. Newer roof. Has been stable & well managed income generating prop for last 15 years but also has multiple usage opportunities plus room for a garage and ADU. 2nd floor unit even has a third sep private entry point perfect for a small home service business.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $565,000
    Price per sq ft: $123
    Property Type: Multi-family
    City: Saint Paul
    County: Ramsey
    Year Built: 1903
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55104
    Neighborhood/Area: Summit-University
    Subdivision Name: Rogers Add To, St Paul

    Interior

    Finished Area: 4,592 ft2
    Living Area: 4,592 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: More Than 2 Stories
    Foundation Size: 1,680 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.11
    Geolocation: 44.946078, -93.145898
    Lot Dimensions: 40 x 119
    Zoning: Residential-Multi-Family

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Insurance Expense: $2,100
    Annual Maintenance Expense: $600
    Annual Gross Expense: $12,648
    Annual Trash Expense: $867
    Annual Water/Sewer Expense: $1,962
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $7,542
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,878

    Income

    Annual Gross Income: $46,800

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Preferred Rlty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.