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Active
$2,700,000
/mo Edit
Multi-family:  Other
Built 1894
15,294 sqft0.61 acres
St. Paul schools
MLS# 6458855
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    Property Description

    This Queen Anne Victorian isn't just any 9BR 14BA mansion in old Saint Paul—it's a unique income-producing property comprised of a Multi-Family dwelling, Bed & Breakfast, and a Preschool. This ASID Showcase Home in 2013 was extensively restored & updated from top to bottom by Twin Cities' best interior designers! The sale comes w/ a luxurious & fully-furnished B&B: 4 Guest BRs, 5BA, 7 fireplaces, 2 balconies, turret & remarkable historic detailing thru-out. A solid 10yr book of business! The 5BR 3BA Owner's Residence in the former “servants' quarters” has a high-end kitchen (Sub-Zero, Miele, Cambria), Master BR Suite w/ historic details & carrara marble BA. Estate is situated on more than 1/2 acre lot transversing Dayton to Marshall Ave. A 5200sf midcentury addition, currently occupied by reputable preschool tenant, provides steady flow of lease income. Add'l income potential from the 3rd floor apartment, Commercial Kitchen, & Caretaker's House on property. Seller Financing possible.

    Listing

    Contingency: None
    Price per sq ft: $177
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Other
    Zip Code: 55102
    Neighborhood/Area: Summit-University
    Subdivision Name: Dayton & Irvines Add

    Interior

    Living Area: 15,294 ft2
    Basement Details:
    • Block
    • Crawl Space
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Full
    • Partially Finished
    • Shared Access
    • Stone/Rock
    • Storage Space

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 5,553 ft2
    Handicap Accessible: Other, Partially Wheelchair
    Heating System:
    • Baseboard
    • Boiler
    • Fireplace(s)
    • Forced Air
    • Radiant Floor
    • Radiator(s)
    • Steam
    • Zoned
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.61
    Geolocation: 44.94768044, -93.11366280
    Lot Dimensions: 124 x 167
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $9,877
    Annual Fuel Expense: $7,843
    Annual Insurance Expense: $5,472
    Annual Maintenance Expense: $15,000
    Annual Gross Expense: $79,799
    Annual Trash Expense: $881
    Annual Water/Sewer Expense: $4,350

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $29,969
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $31,094

    Income

    Annual Gross Income: $254,000

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer - In Street
    Water System: City Water - In Street

    Mortgage Calculator

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    Payment:  /mo

    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 325 Dayton LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.