For Sale: Saint Paul MLS# 7036446
Active
$414,999
Multi-family: 2 Stories
5 br • 3 ba • Built 1888
2,226 sqft • 0.172 acres
MLS# 7036446
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Property Description
Welcome to 306 King St W in Saint Paul, a well-maintained triplex offering a great opportunity for investors or owner-occupants. This 2, 226 sq ft property features 5 bedrooms and 3 bathrooms across three units, providing strong rental potential. Updates include newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, and a high-efficiency furnace. Additional improvements such as updated flooring, insulated attic and crawlspace, and maintenance-free front decking help enhance comfort and reduce upkeep. Situated on a spacious lot with shared laundry and convenient access to parks, transit, and downtown Saint Paul, this property offers excellent income potential ($4k monthly gross market rents) in a desirable location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$414,999
Price per sq ft:
$186
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1888
State:
MN
Property Style:
2 Stories
Zip Code:
55107
Neighborhood/Area:
104
Subdivision Name:
Dawsons Add
Interior
Bedrooms:
5
Bathrooms:
3
Finished Area:
2,226 ft2
Living Area:
2,226 ft2
Basement Details:
- Drain Tiled
- Full
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,113 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Lot & Land
Acres:
0.172
Geolocation:
44.927375, -93.098518
Lot Dimensions:
50 x 150
Zoning:
Residential-Multi-Family
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$2,000
Annual Insurance Expense:
$2,500
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,000
Annual Water/Sewer Expense:
$1,000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,612
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,612
Income
Annual Gross Income:
$46,104
Units
Total Units:
3
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
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 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.