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Active Contingent
$390,000
/mo Edit
Multi-family:  Triplex
Built 1885
3,064 sqft • 0.12 acres
St. Paul schools
MLS# 6610829
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    Property Description

    Exceptional turnkey cash flowing 7 bed 3 bath triplex in the Thomas-Dale neighborhood in Saint Paul great for the owner occupier and or investor alike. Each unit features custom kitchen cabinetry along with stone countertops, hardwood and plank flooring, vinyl windows, recently tiled bath surrounds and floors, along with tons of character inside and out. Major expenses such as mechanicals and new roof have all been taken care of primarily within the last 5 years! This property is also equipped with a water/sewer sub metering system which measures and bills tenant use.

    Listing

    Contingency: Inspection
    Price per sq ft: $127
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Triplex
    Zip Code: 55103
    Neighborhood/Area: Thomas-Dale (Frogtown)
    Subdivision Name: Chambers Add

    Interior

    Living Area: 3,064 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Brick/Mortar

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Garage Dimensions: 0
    Foundation Size: 1,200 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Forced Air
    Parking Features: Detached
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material:
    • Aluminum Siding
    • Vinyl Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.12
    Geolocation: 44.956938, -93.11183
    Lot Dimensions: 5358
    Zoning: Residential-Multi-Family

    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: $3,400
    Annual Maintenance Expense: None
    Annual Gross Expense: $5,350
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas, Sewer

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,782
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,782

    Income

    Annual Gross Income: $52,812

    Units

    Total Units: 3

    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.