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Active NEW!
$750,000
/mo Edit
Multi-family:  Four Plex
8 br • 4 ba • Built 1983
3,456 sqft • 0.267 acres
MLS# 7021347
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    Property Description

    4-Plex great investment, not a flipper. Great parking - 4 stalls plus 4 exterior parking spots. Newer parking lot. 50-year roof installed 2011. All units separate entrances, separate utilities, central air and heat. All units have their own washer and dryer. 2 upper units with newer decks, newer carpet and flooring, Newer paint, newer appliances. Lower units have rear patios. 2 upper units intentionally vacant for showing. Rents are low. On bus route, near shopping and Lake Phalen

    Listing

    Contingency: None
    Price per sq ft: $217
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55106
    Neighborhood/Area: 92
    Subdivision Name: Rogers & Hendricks Acre Lts 2

    Interior

    Living Area: 3,456 ft2
    Refrigerators: Four
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 4
    Garage Size: 880 ft2
    Foundation Size: 1,728 ft2
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached Garage
    Road Frontage: City Street
    Exterior Material: Frame
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.267
    Geolocation: 44.983665, -93.03695
    Lot Dimensions: 126 x 54 x 137 x 100 x 19 x 12
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: 2102
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $250
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,269
    Annual Maintenance Expense: $600
    Annual Trash Expense: $469
    Annual Water/Sewer Expense: $5,360

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,254
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,254

    Income

    Annual Gross Income: $67,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $54,252

    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

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