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Active
$400,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1910
1,920 sqft • 0.11 acres
St. Paul schools
MLS# 6483688
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    Property Description

    An excellent investment property situated just steps from bus and light rail stops, and adjacent to one of St. Paul’s main commercial corridors, 900 Aurora Avenue is full of improvements, current and future income earning potential. This up/down duplex offers two - 2 bedroom, 1 bathroom units in great condition each with their own covered porch. Additional square footage added in lower level with two egress windows and what could be considered an additional dwelling or rental opportunity. New mechanicals include new combo boiler/water heaters, newly re-wired electrical panels, along with relocated and upgraded gas meters. Significant investment has been made in preparing the currently unfinished third floor to be finished – all new windows, wiring and subfloor up top means additional income earning potential awaits. 3 car garage with additional second floor storage in back continues to broaden the possibilities for this great property.

    Listing

    Contingency: None
    Price per sq ft: $208
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55104
    Neighborhood/Area: Summit-University
    Subdivision Name: Milton Add

    Interior

    Living Area: 1,920 ft2
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Size: 710 ft2
    Foundation Size: 960 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: Detached
    Exterior Material: Wood Siding

    Lot & Land

    Acres: 0.11
    Geolocation: 44.954569, -93.138207
    Lot Dimensions: 40 x 121

    Schools

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

    Expenses

    Annual Gross Expense: $34,340

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,785
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $7,238

    Income

    Annual Gross Income: $422,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.