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Sold
Sold
$850,000  (list price)
$810,000
/mo   Edit
MLS# 5260945
1926 Grand Avenue
Saint Paul, MN 55105
Multi-family    Four Plex
Built 1926
4,392 fin sqft    0.138 acres
St. Paul schools
Info: 763-576-8286
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    Description:   Wonderful income producing true Fourplex on a highly desirable stretch of Grand Avenue close to schools, shopping, restaurants and the River. All four units have fresh paint, hardwood floors, and woodwork throughout. Each unit features a large living room, dining room, two generous sized bedrooms, lower level storage unit and a single garage stall. Easy to building to own with solid rental history and in great condition.
    List Price: $850,000
    Sold Price: $810,000
    Sold Date: 08/15/2019
    Price/sq ft: $194
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Four Plex
    Year Built: 1926
    Neighborhood/Area: Macalester-Groveland
    City: Saint Paul
    Zip Code: 55105

    Interior

    Fin Sq Ft / Living Area: 4,392 ft²
    Above Ground Living: 4,392 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Four
    Total Refrigerators: Four
    Basement Details: Full, Drain Tiled, Sump Pump

    Exterior

    Heating System: Hot Water
    Foundation Size: 2,196 ft²
    Shared Amenities: Coin-op Laundry Owned
    Fencing: Chain Link, Privacy
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Brick/Stone
    Garage Spaces: 4
    Roof Details: Flat, Age 8 Years or Less, Rubber

    Lot

    Acres: 0.138
    Construction Status: Previously Owned
    Latitude: 44.93978500
    Longitude: -93.18167000
    Lot Size Dim.: 40x150
    Dev/Complex Name: Rosedale Park
    Zoning: Residential-Multi-Family

    Schools

    School District: 625 - St. Paul
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: $1,200
    Annual Electric Expense: None
    Annual Fuel Expense: $4,222
    Annual Insurance Expense: $3,585
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $11,313
    Total Annual Expenses: $21,697
    Annual Trash Expense: $972
    Annual Water/Sewer Expense: $1,334
    Owner Expenses: Taxes, Insurance, Water/Sewer, Fuel, Maintenance/Repair, Trash, Snow, Lawn
    Tenant Expenses: Cable T.V., Electric

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $10,384
    Assessment Pending: No
    Taxes w/ Assessments: $10,384

    Income

    Annual Gross Income: 69240.00

    Rent

    Unit 1 Monthly Rent: $1,450
    Unit 2 Monthly Rent: $1,395
    Unit 3 Monthly Rent: $1,450
    Unit 4 Monthly Rent: $1,475

    Unit

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: No
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Chrissy
    Von Itter
    Movement
    Richard
    Smyth
    TruStone
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet