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Active
$529,900
/mo Edit
Commercial:  Apartments
Built 1906
0.11 acres
St. Paul schools
MLS# 6586508
My rating:
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    Property Description

    Fully occupied 5-plex on the Eastside with four 2 bedrooms and one 1 bedroom. Showings must be scheduled at least 24 hours in advance and restricted to Mondays 2-7p, Wednesdays 9-noon, Thursdays 5:30-7:30pm, and Saturday 11-2pm and require 24 hrs notice. This property is a part of the 4D program with the city. Tenants pay for all utilities, electricity and cooking gas (except unit 5 is just electricity) and then pay a portion of water, heat/gas and house electricity via RUBS.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Apartments
    Zip Code: 55106
    Neighborhood/Area: Dayton's Bluff
    Subdivision Name: Lyman Dayton Add

    Interior

    Ranges: One Per Unit
    Refrigerators: One Per Unit

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: None
    Foundation Size: 2,088 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Radiator(s)
    Parking Features: None
    Unit Amenities:
    • Balcony
    • Deck
    Road Frontage: City Street
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.11
    Geolocation: 44.952954, -93.067012
    Inclusions: Building, Fixture/Equipment, Land, Leases
    Lot Dimensions: 55 x 130
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Fuel Expense: $1,198
    Annual Insurance Expense: $3,492
    Annual Maintenance Expense: $4,800
    Annual Gross Expense: $19,091
    Annual Trash Expense: $642
    Annual Water/Sewer Expense: $2,146
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $6,308
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,308

    Income

    Annual Gross Income: $65,964

    Rent

    Annual Net Income: $46,873

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Hot Water Common
    Water System: City Water - In Street

    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 Housing Hub LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.