For Sale: Saint Paul MLS# 6576237
Active
$325,000
Multi-family: Four Plex
Built 1880
2,592 sqft • 0.1 acres
St. Paul schools
MLS# 6576237
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Property Description
Great investment opportunity for a mixed use building on Rice Street in St. Paul. Main floor is large commercial space with hardwood floors, wall AC, full bathroom & 2 display windows. Upstairs you will find two 1-bedroom apartments, both with full bathrooms. There is a third studio apartment with its own entrance on the main level. Added bonus in that 2 of the 3 units have long-term tenants who would love to stay! Newer furnaces and all windows replaced within the past few years. Great location with great visibility!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$325,000
Price per sq ft:
$125
Property Type:
Multi-family
City:
Saint Paul
County:
Ramsey
Year Built:
1880
State:
MN
Property Style:
Four Plex
Zip Code:
55117
Neighborhood/Area:
North End
Subdivision Name:
Mckentys Out Lts To, St Paul
Interior
Finished Area:
2,592 ft2
Living Area:
2,592 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Full
- Storage Space
- Unfinished
Exterior
Stories:
Two
Foundation Size:
1,212 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Paved
- Unassigned
Shared Amenities:
None
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.1
Geolocation:
44.967011, -93.106611
Lot Dimensions:
40 x 110
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Electric Expense:
$960
Annual Gross Expense:
$4,560
Annual Trash Expense:
$2,400
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
Cable TV, Electricity, Fuel, Percent Rent
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,800
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$7,834
Income
Annual Gross Income:
$36,000
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 Results.
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.