For Sale: Saint Paul MLS# 6597989
Active
$305,000
Multi-family: Four Plex
Built 1894
2,114 sqft • 0.09 acres
St. Paul schools
MLS# 6597989
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Property Description
Back on the Market! Buyer had to cancel for reasons unrelated to the property! Excellent opportunity for a turnkey four-plex with amazing cash flow, option to owner occupy! Property projected to generate $3, 800 in monthly rent. Conveniently located on Payne, walking distance to delicious restaurants, grocery and shopping. Each unit comes with designated parking spot. Units have been renovated and are in great condition! Units 1 and 2 share a small common entryway with unit 1 located on the main level and unit 2 located up a flight of stairs. Unit 3 has private entryway with access to the unfinished lower level with laundry hookup. Unit 4 has direct access from the back of the property. Property features secure, keyless entry.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$305,000
Price per sq ft:
$144
Property Type:
Multi-family
City:
Saint Paul
County:
Ramsey
Year Built:
1894
State:
MN
Property Style:
Four Plex
Zip Code:
55130
Neighborhood/Area:
Payne-Phalen
Subdivision Name:
Joseph R Weides Add
Interior
Finished Area:
2,114 ft2
Living Area:
2,114 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Partial
- Unfinished
Exterior
Stories:
Two
Foundation Size:
1,498 ft2
Fencing:
Partial, Wood
Handicap Accessible:
No Stairs External
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Assigned
- Open
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.09
Geolocation:
44.975045, -93.07386
Lot Dimensions:
40 x 110
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Fuel Expense:
$2,400
Annual Insurance Expense:
$4,800
Annual Maintenance Expense:
$300
Annual Gross Expense:
$18,204
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$720
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,182
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,182
Income
Annual Gross Income:
$45,000
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
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 Welcome Home Productions, LLC.
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.