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$314,900  (list price)
$322,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1890
1,768 sqft • 0.11 acres
St. Paul schools
MLS# 6384887
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    Property Description

    Welcome to 846 Jessamine Ave E, a stunning property that has undergone a complete renovation, providing an excellent opportunity for investors seeking a turnkey investment. This meticulously renovated property features two units, each offering two bedrooms and one bath, making it an ideal choice for tenants or occupants seeking comfortable living spaces. Step inside to discover beautiful kitchens that are sure to impress. The kitchens have been thoughtfully designed with modern aesthetics in mind including stainless steel appliances, quartz countertops, and fresh and clean backsplash. This duplex has undergone several other renovations including new mechanicals, vent installation for separate in unit laundry, new windows and doors, and luxury vinyl plank flooring in the kitchens, bathrooms, and laundry. Whether you're looking to expand your investment portfolio or searching for a ready-to-live property, this opportunity should not be missed.

    Listing

    Contingency: None
    Price per sq ft: $178
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55106
    Neighborhood/Area: Payne-Phalen
    Subdivision Name: Eastville Heights

    Interior

    Living Area: 1,768 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Partial

    Exterior

    Stories: Two
    Foundation Size: 884 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Open
    • Other
    Exterior Material: Other
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.11
    Geolocation: 44.974553, -93.064687
    Lot Dimensions: 40 x 122
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

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

    Expenses

    Annual Electric Expense: $1,800
    Annual Fuel Expense: $2,000
    Annual Insurance Expense: $2,400
    Annual Gross Expense: $8,540
    Annual Trash Expense: $720
    Annual Water/Sewer Expense: $1,320
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,157
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,157

    Income

    Annual Gross Income: $38,400

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

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