For Sale: Saint Paul MLS# 6573174
Active Contingent
$999,900
Multi-family: Four Plex
Built 1981
4,250 sqft • 0.02 acres
St. Paul schools
MLS# 6573174
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Property Description
Welcome to an exceptional investment opportunity at 216 Arundel Street, St. Paul! This remarkable 4-unit condo building is nestled in the heart of St. Paul, close to Summit Avenue, offering an ideal location. The building features four distinct condos, providing excellent cash flow potential. Three of the condos are beautifully updated two-bedroom units, while the fourth is a spacious three-bedroom condo. Recent updates include newer LP SmartSide siding, a new roof, Pella windows, updated furnaces, and composite decks. The property also includes four parking spaces on a private lot, adding to its convenience and appeal. Residents will enjoy the walkability to nearby shops, restaurants, grocery stores, parks, and more. Don't miss this opportunity to own four updated units in a prime St. Paul location!
Listing
Listing Status:
Active Contingent
Contingency:
Other
List Price:
$999,900
Price per sq ft:
$235
Property Type:
Multi-family
City:
Saint Paul
County:
Ramsey
Year Built:
1981
State:
MN
Property Style:
Four Plex
Zip Code:
55102
Neighborhood/Area:
Summit-University
Subdivision Name:
Cic 427 Taylor Flats Condo
Interior
Finished Area:
4,250 ft2
Living Area:
4,250 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Storage/Locker
Exterior
Stories:
Two
Foundation Size:
2,100 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Parking Lot
Road Frontage:
City Street
Exterior Material:
- Engineered Wood
- Metal Siding
- Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.02
Geolocation:
44.947887, -93.118323
Lot Dimensions:
Irregular
Addl Parcels:
012823210407, 012823210408
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Insurance Expense:
$4,500
Annual Maintenance Expense:
$2,000
Annual Gross Expense:
$3,600
Annual Trash Expense:
$1,350
Annual Water/Sewer Expense:
$1,000
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$10,230
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,230
Income
Annual Gross Income:
$84,696
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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.
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!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.