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Active
Listed
$344,900
/mo   Edit
MLS# 5679024
Multi-family
Built 1925
3,074 fin sqft
St. Paul schools
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    Description:   If you're looking for a rock solid investment property, this is it. Great location, easy access to everything. Home just got a new roof and siding, gutters and guards and window trim in 2020. New tenant moving in 12-1-2020 in the upper level. Long term tenants in place in the Lower level, this tenant handles mechanical maintenance and lawn and snow responsibilities, landlord has provided a lawn mower and a snow blower for tenant use. Both stay with the property. Low maintenances brick siding, high efficiency mechanicals and newer appliances. St. Paul truth and housing report identified no issues that needed to be addressed, seller did replace some carpet, paint some walls and fixed a minor leak found during the inspection. Upper unit just painted, new carpet and a new range.
    List Price: $344,900
    Price/sq ft: $112
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1925
    Neighborhood/Area: Payne-Phalen
    City: Saint Paul
    County: Ramsey
    State: MN
    Zip Code: 55106

    Interior

    Fin Sq Ft / Living Area: 3,074 ft²
    Above Ground Living: 2,235 ft²
    Below Ground Living: 839 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Full, Finished, Daylight/Lookout Windows, Egress Window(s), Block, Single Tenant Access

    Exterior

    Heating System: Forced Air, Baseboard
    Foundation Size: 1,083 ft²
    Shared Amenities: Deck
    Fencing: None
    Road Frontage: City Street, Paved Streets, Curbs, Sidewalks, Street Lights, Storm Sewer
    Handicap Accessible: Wheelchair Ramp(s), Partially Wheelchair
    Exterior Material: Aluminum Siding, Brick/Stone
    Garage Spaces: 2
    Roof Details: Asphalt, Pitched, Age 8 Years or Less

    Lot

    Acres: 0.11
    Lot Description: Corner Lot, Tree Coverage - Medium, Public Transit (w/in 6 blks)
    Latitude: 44.97903410
    Longitude: -93.06957679
    Lot Size Dim.: 40x122
    Zoning: Residential-Multi-Family

    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: $1,633
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $8,549
    Annual Trash Expense: $640
    Annual Water/Sewer Expense: $1,244
    Tenant Expenses: Insurance, Electricity, Fuel, Trash Collection, Cable TV

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $4,032
    Assessment Pending: No
    Taxes w/ Assessments: $4,032

    Income

    Annual Gross Income: $27,780
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Unit 1 Monthly Rent: $1,425
    Unit 2 Monthly Rent: $890

    Unit

    Total Units: 2

    Miscellaneous

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

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    Get to know our Home Mortgage Professionals

    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Justin
    Larson
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    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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