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Active
$995,000
/mo Edit
Multi-family:  Four Plex
Built 1911
4,230 sqft • 0.16 acres
St. Paul schools
MLS# 6594263
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    Property Description

    Exceptional Ramsey Hill fourplex in a wonderful location across the street from McQuillan Park! This building is perfect for an owner-occupant or an investor and is situated on a large lot with ample off-street parking. This building has great short-term rental possibilities as well. There are two main floor units and two upper units all with decks overlooking a park like backyard area! All of the units have been updated over the last few years and have beautiful kitchens and updated ceramic bathrooms! The pictures do not do the property justice, you need to see to fully appreciate all the improvements that have been done to the property! There is a large, shared laundry area in the lower level. Hurry and schedule a showing so you don’t miss your opportunity to own this fantastic property!

    Listing

    Contingency: None
    Price per sq ft: $235
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55102
    Neighborhood/Area: Summit-University
    Subdivision Name: Woodland Park Addition, To St

    Interior

    Living Area: 4,230 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Daylight/Lookout Windows
    • Finished
    • Full

    Exterior

    Stories: Two
    Foundation Size: 1,410 ft2
    Fencing: Full, Privacy
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features:
    • Assigned
    • Concrete
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Flat

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.16
    Geolocation: 44.94512, -93.122106
    Lot Dimensions: 50 x 141
    Zoning: Residential-Single Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

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

    Expenses

    Annual Electric Expense: $1,200
    Annual Fuel Expense: $2,500
    Annual Insurance Expense: $3,024
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $21,642
    Annual Trash Expense: $1,324
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Electricity, Janitorial Service, Other

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $9,613
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,538

    Income

    Annual Gross Income: $84,420

    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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    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.