For Sale: Saint Paul MLS# 6576237
Active
$325,000
Multi-family: Four Plex
Built 1880
2,592 sqft • 0.1 acres
St. Paul schools
MLS# 6576237
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Property Description
Great investment opportunity for a mixed use building on Rice Street in St. Paul. Main floor is large commercial space with hardwood floors, wall AC, full bathroom & 2 display windows. Upstairs you will find two 1-bedroom apartments, both with full bathrooms. There is a third studio apartment with its own entrance on the main level. Added bonus in that 2 of the 3 units have long-term tenants who would love to stay! Newer furnaces and all windows replaced within the past few years. Great location with great visibility!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$325,000
Price per sq ft:
$125
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1880
State:
MN
Property Style:
Four Plex
Zip Code:
55117
Neighborhood/Area:
North End
Subdivision Name:
Mckentys Out Lts To, St Paul
Interior
Finished Area:
2,592 ft2
Living Area:
2,592 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Full
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,212 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Paved
- Unassigned
Shared Amenities:
None
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.1
Geolocation:
44.967011, -93.106611
Lot Dimensions:
40 x 110
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:
$960
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$4,560
Annual Trash Expense:
$2,400
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
Cable TV, Electricity, Fuel, Percent Rent
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,800
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$7,834
Income
Annual Gross Income:
$36,000
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.