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$264,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1886
1,552 sqft • 0.11 acres
St. Paul schools
MLS# 6595815
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    Property Description

    Seller is motivated - bring your best offer!! FHA Buyer friendly. Seize this rare chance to own a prime income-generating duplex, ready for the next savvy investor. This turn-key property offers exceptional value with a well-maintained and updated lower-level unit, featuring fresh paint, a modern kitchen with in-unit laundry, an upgraded bathroom, new kitchen flooring, and charming original details. The upper-level unit has been home to the same renter for nearly 30 years, providing reliable, long-term rental income. The property also includes a newer roof, windows, and a two-car garage, with both spaces designated for the lower unit. Conveniently located just a few blocks from light rail and bus lines, restaurants, entertainment, and a short walk to Ryan Park, this property offers the perfect blend of comfort, location, and investment potential. Properties like this are a dime a dozen—secure your future with this exceptional investment today!

    Listing

    Contingency: None
    Price per sq ft: $170
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55104
    Neighborhood/Area: Thomas-Dale (Frogtown)
    Subdivision Name: Chute Brothers Division, No 12

    Interior

    Living Area: 1,552 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Brick/Mortar
    • Concrete
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 640
    Garage Size: 440 ft2
    Foundation Size: 832 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Fiber Board
    • Wood Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.11
    Geolocation: 44.9599947358, -93.1327067622
    Lot Dimensions: 40 x 126
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light
    • Underground Utilities

    Schools

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

    Expenses

    Annual Insurance Expense: $1,300
    Annual Maintenance Expense: $100
    Annual Gross Expense: $6,356
    Annual Trash Expense: $756
    Annual Water/Sewer Expense: $800
    Tenant Expenses: Cable TV, Electricity, Fuel, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,260
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,260

    Income

    Annual Gross Income: $21,600
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • 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!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.