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Active NEW!
$209,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1885
1,530 sqft • 0.113 acres
St. Paul schools
MLS# 7082191
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    Property Description

    Owner is an agent, but is not the listing agent. Duplex investment opportunity in the heart of Saint Paul, this property features both units currently occupied by renters, offering immediate rental income potential. Numerous recent repairs and updates have already been completed, including chimney repairs, retaining wall improvements, a new water heater, plus new carpet and fresh paint in the upper unit. The roof was also replaced only two years ago. Conveniently situated close to public transportation, restaurants, shopping, and other local amenities, this property is a great addition to any investment portfolio.

    Listing

    Contingency: None
    Price per sq ft: $137
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55103
    Neighborhood/Area: 102
    Subdivision Name: Michels Sub Of Blk 14

    Interior

    Living Area: 1,530 ft2
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 880 ft2
    Fencing: Partial
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Open
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry: None

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.113
    Geolocation: 44.957293, -93.122841
    Lot Dimensions: 40X124

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: $2,467
    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: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,114
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,114

    Income

    Annual Gross Income: $30,840

    Rent

    Annual Net Income: $28,372

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    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 Realty Integrity Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.