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For Sale:  Saint Paul MLS# 6614120

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Active
$629,900
/mo Edit
Multi-family:  Four Plex
Built 1964
4,992 sqft • 0.09 acres
St. Paul schools
MLS# 6614120
763-576-8286
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    Property Description

    TURN-KEY FOUR PLEX IN THE HEART OF SAINT PAUL FEATURING THREE 2-BEDROOM AND ONE 1-BEDROOM APARTMENTS. NEWER VINYL SLIDER WINDOWS AND THE FLAT ROOF WAS REPLACED APPROX. 15 YEARS AGO. ONE OF THE KITCHENS (APT.#2) HAS BEEN FULLY REMODELED WITH NEW CABINETS, QUARTZ COUNTERTOPS, AND STAINLESS STEEL APPLIANCES. THE ONSITE COIN LAUNDRY IS OWNED AND BRINGS IN EXTRA INCOME. BOTH WATER HEATERS WERE REPLACED IN 2020. ALL FOUR BATHROOM SHOWER/TUB SURROUNDS WERE UPGRADED IN 2022. THE FRONT EXTERIOR HAS THE ICONIC CHICAGO BRICK LOOK! RESIDENTS FEEL SAFE WITH A SECURED ENTRANCE. LOCATED ON A BUS ROUTE. THIS 4-PLEX IS VERY CLOSE TO DOWNTOWN ST.PAUL AND MPLS., THE MALL OF AMERICA, LOTS OF SHOPPING AND THE MINNEAPOLIS INTERNATIONAL AIRPORT. FULLY OCCUPIED WITH LEASES IN PLACE AND ONE UNIT COULD BE OWNER OCCUPIED BY THE BUYER!!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $629,900
    Price per sq ft: $126
    Property Type: Multi-family
    City: Saint Paul
    County: Ramsey
    Year Built: 1964
    State: MN
    Property Style: Four Plex
    Zip Code: 55102
    Neighborhood/Area: West Seventh
    Subdivision Name: Clarkes Add

    Interior

    Finished Area: 4,992 ft2
    Living Area: 4,992 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: Two
    Foundation Size: 1,664 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: Gravel
    Shared Amenities:
    • Coin-op Laundry Owned
    • Security
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Flat

    Lot & Land

    Acres: 0.09
    Geolocation: 44.922724, -93.133603
    Lot Dimensions: 40 x 100
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

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

    Expenses

    Annual Caretaker Expense: $1,550
    Annual Electric Expense: $600
    Annual Fuel Expense: $2,784
    Annual Insurance Expense: $3,000
    Annual Maintenance Expense: $2,500
    Annual Gross Expense: $19,276
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $2,200
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,392
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,392

    Income

    Annual Gross Income: $58,452
    Misc. Annual Income: None
    Misc. Monthly Income: None

    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 Apartment Cash Flow, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.