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Active NEW!
$659,900
/mo Edit
Multi-family:  Triplex
Built 1978
3,469 sqft • 0.16 acres
St. Paul schools
MLS# 6701379
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    Property Description

    Rare opportunity to purchase a Cathedral Hill triplex with many modern updates. Moved from a different location, this triplex was set onto a new foundation in 1978, and with it came updated copper/PVC plumbing, and updated wiring. No headaches to deal with knob and tube wiring and old galvanized steel pipes. Updated kitchen in Unit 1 which features new countertops, appliances, and countertop seating. 2 bedrooms and 1 full bathroom featuring a front porch and a walk up rear deck. High ceilings and lots of windows give this space a lot of light and depth. Unit 3 is a modern, 1 bedroom 1 bathroom, converted attic at tree top height. Multiple skylights, a wood-burning fireplace, and a south facing deck give it a whimsical feel. Unit 2 is recently vacant, and is ready for its next owner-occupant or tenant. Recently rented at $1700/month. 2 bedrooms and a full bathroom. Also features both a front and rear private decks. Current rents are $1800 (unit 1) and $1600 (unit 3), for a total of $5, 100 per month in gross rents. Will you finish the space in the basement to add an additional unit? Or how about adding a garage with an Accessory Dwelling Unit in the backyard? There are lots of opportunities to add value in a high demand neighborhood like Cathedral Hill. You and your renters will love the walk-ability of the neighborhood. You're just steps from restaurants, bars, coffee shops, and cool things to do.

    Listing

    Contingency: None
    Price per sq ft: $190
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Triplex
    Zip Code: 55102
    Neighborhood/Area: Summit-University
    Subdivision Name: Woodland Park Addition, To St

    Interior

    Living Area: 3,469 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Storage Space

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,221 ft2
    Foundation Dimensions: 55x24.5
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Open
    • Paved
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.16
    Geolocation: 44.945113, -93.124214
    Lot Dimensions: 50 x 143
    Zoning: Residential-Multi-Family
    Lot Description: Many Trees

    Farm

    Topography: Level

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,500
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,007
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,007

    Income

    Annual Gross Income: $61,200

    Units

    Total Units: 3

    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!

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