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$639,500  (list price)
$669,500
/mo Edit
Multi-family:  Four Plex
Built 1915
3,632 sqft0.13 acres
St. Paul schools
MLS# 5735992
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    Property Description

    GRAND AVENUE FOURPLEX! This classic brownstone has four 2 bed / 1 bath units, each with hardwoods throughout, built-ins, classic 1”hex bathroom tiled floors, and tons of storage space. ALL WINDOWS UPDATED. Current owner has been leasing as 1+Dens, front porch can be used as bedroom or Den. Continue to cash-flow as-is or unlock potential here. 4 off-street parking spaces on paved lot in back. Upper two units share a deck along with back patio area. Basement has laundry (owned), mechanicals, and big storage lockers. So much classic appeal sitting here... on Grand Avenue

    Listing

    Contingency: None
    Price per sq ft: $176
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55105
    Neighborhood/Area: Summit Hill

    Interior

    Living Area: 3,632 ft2
    Above Ground Living: 3,632 ft2
    Total Ranges: Four
    Total Refrigerators: Four
    Basement Details:
    • Egress Window(s)
    • Full
    • Other
    • Owner Access
    • Shared Access
    • Storage Space

    Exterior

    Garage Spaces: 0
    Heating System: Radiant
    Foundation Size: 1,815 ft2
    Handicap Accessible: None
    Shared Amenities:
    • Deck
    • Other
    • Patio
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Brick/Stone
    Roof Details: Flat

    Lot

    Acres: 0.13
    Geolocation: 44.93966776, -93.14254842
    Lot Dimensions: 39 x 150
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $350
    Annual Fuel Expense: $1,650
    Annual Insurance Expense: $1,502
    Annual Maintenance Expense: $4,000
    Annual Gross Expense: $24,500
    Annual Trash Expense: $1,650
    Annual Water/Sewer Expense: $1,650
    Tenant Expenses: Cable TV, Electricity, Other

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $10,310
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,310

    Income

    Annual Gross Income: $57,720

    Unit

    Total Units: 4

    Miscellaneous

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

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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