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Active NEW!
$314,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1890
1,768 sqft • 0.14 acres
St. Paul schools
MLS# 6633748
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    Property Description

    Discover an outstanding investment opportunity in St. Paul's desirable Hayden Heights area! This multi-family property offers two spacious units, each featuring 2 bedrooms and 1 bathroom within its 1, 768 square feet of living space. The property presents an attractive rental income, with Unit 1 currently generating $1, 430 monthly, while Unit 2 (presently vacant) recently rented for $1, 400. The main floor unit includes convenient basement access with laundry facilities, adding value for tenants. Updates enhance this property's appeal, including vinyl siding, newer windows, updated electric, bathrooms & kitchens in both units. Both boilers & one water heater 2018. 2nd water heater 2024. The exterior features a welcoming front porch and ample parking with a two-car garage plus additional off-street spaces. Located in an established neighborhood, this duplex offers a solid investment opportunity at an attractive price point. The property's thoughtful upgrades, steady rental history, and desirable location make it an excellent choice for investors looking to expand their portfolio or those seeking their first multi-family investment. Don't miss this chance to own an income-generating property in a prime St. Paul location.

    Listing

    Contingency: None
    Price per sq ft: $178
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55119
    Neighborhood/Area: Greater East Side
    Subdivision Name: Hazel Park Div 6

    Interior

    Living Area: 1,768 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 576 ft2
    Foundation Size: 884 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features:
    • Concrete
    • Detached
    Shared Amenities:
    • Deck
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.14
    Geolocation: 44.9801446831, -93.0168761113
    Lot Dimensions: 50 x 124
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $1,072
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,722
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,722

    Income

    Annual Gross Income: $33,960
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    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!

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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.