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Active Contingent
$283,500
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,640 sqft0.11 acres
South St. Paul schools
MLS# 6507210
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    Property Description

    Great cash flow opportunity. Buyer agent to verify measurements. 24 hour notice required. Fantastic opportunity to own a up and down duplex in desirable area of South St. Paul. Opportunity for owner occupancy or investment. Up and down duplex with 2 bedrooms/1 bath, washer dryer hook up in lower unit. Upper unit has a non-conforming 3rd bedroom with no closet. Each unit have separate electrical and gas meters. Lower level heated by newer furnace, upper unit heated by electrical baseboard unit. Newer flooring throughout in the lower unit. New roof 2024, some new windows, newer water heater, newer appliances. Access to basement is through exterior cellar style door. Owner accepting FHA/VA/Conventional. Currently financing VA.

    Listing

    Contingency: Inspection
    Price per sq ft: $173
    City: South Saint Paul
    County: Dakota
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55075
    Subdivision Name: Hepburn Park

    Interior

    Living Area: 1,640 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 820 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features: Concrete
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.11
    Geolocation: 44.88804500, -93.04150800
    Lot Dimensions: 150 x 40

    Schools

    School District: 6
    District Phone: 651-457-9400

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,352
    Annual Fuel Expense: $1,200
    Annual Insurance Expense: $2,100
    Annual Maintenance Expense: $950
    Annual Gross Expense: $5,000
    Annual Trash Expense: $1,400
    Annual Water/Sewer Expense: $850
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,928
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,928

    Income

    Annual Gross Income: $36,000
    Misc. Annual Income: $3,000
    Misc. Monthly Income: $150

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: Yes
    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.