For Sale: Saint Paul MLS# 7018831
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Property Description
Fully occupied 6-plex on the Eastside with (5) 2-bed & (1) 1-bed units, plus a garage on a large lot. Great investment opportunity already producing positive cashflow, with value-add opportunities including adding additional unit(s). Owner pays for gas, water and trash. Tenants currently pay all utilities through a charge-back fee.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$544,900
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1882
State:
MN
Property Style:
Other
Zip Code:
55130
Neighborhood/Area:
98
Subdivision Name:
Edmund Rices First Add Lot 17 Blk 08
Exterior
Garage Spaces:
2
Air Conditioning:
Window Unit(s)
Foundation Size:
1,895 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
- Detached Garage
- Gravel
- Shared Driveway
Unit Amenities:
- Balcony
- Porch
Road Frontage:
City Street
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.153
Geolocation:
44.969847, -93.081568
Inclusions:
Building, Land, Leases
Lot Dimensions:
51 x 132 x 50 x 132
Zoning:
Residential-Multi-Family
Schools
School District:
2102
District Phone:
6517678100
Expenses
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$10,849
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$11,610
Income
Annual Gross Income:
$75,616
Rent
Annual Net Income:
$19,550
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Stepping Stone Brokers LLC.
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.