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$550,000
/mo Edit
Multi-family:  Four Plex
Built 1910
3,032 sqft • 0.17 acres
South St. Paul schools
MLS# 6576093
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    Property Description

    Fantastic investment opportunity! Located in a quiet neighborhood, the property includes a large side yard and ample parking. This fully rented four-plex has been updated throughout, except for the main floor unit #1. The property features a new water heater, new water softener, new basement drain, new kitchen hoods with outside ventilation in three units, new refrigerators in units 1-3, and two new washers in the basement shared by all units. The owner currently uses the garages for personal storage, but they can be rented out to tenants. The building includes two 1-bed, 1-bath units, one studio unit, and a main unit with 2 beds and 1 bath.

    Listing

    Contingency: None
    Price per sq ft: $181
    City: South Saint Paul
    County: Dakota
    State: MN
    Property Style: Four Plex
    Zip Code: 55075
    Subdivision Name: Hepburn Park

    Interior

    Living Area: 3,032 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: Finished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Size: 792 ft2
    Foundation Size: 1,080 ft2
    Foundation Dimensions: 35x31
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Radiator(s)
    Parking Features:
    • Detached
    • Garage Door Opener
    • More Parking Onsite for Fee
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.17
    Geolocation: 44.888262, -93.036415
    Lot Dimensions: 125 x 60
    Zoning: Residential-Multi-Family

    Schools

    School District: 6
    District Phone: 651-457-9400

    Expenses

    Annual Gross Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,534
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,534

    Units

    Total Units: 4

    Miscellaneous

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

    Mortgage Calculator

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