For Sale: Saint Paul MLS# 7169579
Active
NEW!
$325,000
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1903
2,694 sqft • 0.113 acres
St. Paul schools
MLS# 7169579
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Property Description
Turnkey Duplex with Income & Equity-Building Potential! This recently updated and well-maintained up-and-down duplex offers an excellent opportunity for an owner occupant or investor. Both units feature an inviting open floor plan, abundant natural light, and beautiful hardwood floors, creating comfortable and functional living spaces.
The property includes a two-car garage, a private backyard, and an unfinished third floor with immediate potential to add finished living space and build equity. The property is truly turnkey, with established tenants already in place on month-to-month leases, providing flexibility for a new owner and significant upside through future rent adjustments, as current rents are below market value.
The anchor tenant also takes care of snow removal and lawn/yard maintenance, helping reduce ongoing ownership responsibilities. Conveniently located near major highways, grocery stores, parks, and everyday amenities. Whether you want to live in one unit while generating rental income or expand your investment portfolio, this property offers a strong mix of cash-flow potential, flexibility, and value-add opportunity.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$325,000
Price per sq ft:
$121
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1903
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55104
Neighborhood/Area:
102
Subdivision Name:
Chute Brothers Division, No 11
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
2,694 ft2
Living Area:
2,694 ft2
Basement Details:
- Block
- Shared Access
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,347 ft2
Handicap Accessible:
None
Heating System:
Radiator
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.113
Geolocation:
44.958689, -93.131768
Lot Dimensions:
40 x 124
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,299
Annual Maintenance Expense:
$800
Annual Trash Expense:
$500
Annual Water/Sewer Expense:
$1,812
Tenant Expenses:
Electricity, Fuel, Gas, Grounds Care, Lawn Care, Snow Removal
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,756
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,756
Income
Annual Gross Income:
$35,460
Rent
Annual Net Income:
$28,349
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
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 Sanyu 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.