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For Sale:  Saint Paul MLS# 7145197

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Active
$385,000
/mo Edit
Multi-family:  Fourplex
2 br • 4 ba • Built 1958
1,900 sqft • 0.101 acres
St. Paul schools
MLS# 7145197
763-576-8286
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    Property Description

    Great opportunity to own a four-unit multi-family property in an established residential neighborhood, while being close to main thoroughfares and just minutes from downtown Saint Paul. This provides amazing convenience to residents and the new owner. Three of the four units are currently rented, providing an opportunity for a new owner to owner-occupy, remodel, or rent the unit to their first new resident. This property is being sold with owned coin-operated laundry machines, giving the buyer an additional source of income. The vacant unit is now being marketed for rent and is ready for move-in.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $385,000
    Price per sq ft: $203
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 0
    County: Ramsey
    Year Built: 1958
    State: MN
    Property Style: Fourplex
    Zip Code: 55106
    Neighborhood/Area: 92
    Subdivision Name: Lorena Park 2

    Interior

    Bedrooms: 2
    Bathrooms: 4
    Finished Area: 1,900 ft2
    Living Area: 1,900 ft2
    Refrigerators: Four
    Basement Details:
    • Block
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Foundation Size: 1,400 ft2
    Foundation Dimensions: 35x40
    Fencing: Partial, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: Gravel
    Shared Amenities: Coin-op Laundry Leased
    Road Frontage:
    • Paved Streets
    • Sidewalks
    Exterior Material: Block
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.101
    Geolocation: 44.966458, -93.042686
    Lot Dimensions: 40 x 110
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,568
    Annual Maintenance Expense: $1,116
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $759

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,847
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $9,712

    Income

    Annual Gross Income: $37,200

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Kingwood Management.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.