Sold: Saint Paul MLS# 6639534
Sold
$520,000 (list price)
$520,000
Multi-family: Four Plex
Built 1980
4,288 sqft • 2260 acres
St. Paul schools
MLS# 6639534
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Property Description
Come and see this turn-key investment opportunity! This property boasts four spacious 2-bedroom units each with an identical footprint. The building itself is incredibly solid. All four of the units have been remodeled in the last three years with two of those remodels have happened in just the last two months. Each unit has its own water heater, boiler, and washer and dryer in a mechanical room! These amenities attract quality tenants making this an easy-to-manage rental. One unit is currently vacant leaving open the opportunity for a house hack.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$520,000
Sold Price:
$520,000
Sold Date:
12/30/2024
Price per sq ft:
$121
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1980
State:
MN
Property Style:
Four Plex
Zip Code:
55130
Neighborhood/Area:
Payne-Phalen
Subdivision Name:
Brookvale 2nd Add
Interior
Finished Area:
4,288 ft2
Living Area:
4,288 ft2
Basement Details:
Finished
Exterior
Stories:
One
Garage Spaces:
2
Foundation Size:
2,144 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
2260
Geolocation:
44.971661, -93.087376
Lot Dimensions:
77 x 123
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
$1,800
Annual Water/Sewer Expense:
$2,750
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,214
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,214
Income
Annual Gross Income:
$62,400
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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.
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!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.