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Active NEW!
$399,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1895
2,122 sqft • 0.08 acres
St. Paul schools
MLS# 6814092
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    Property Description

    Terrific Investment Opportunity in Prime Location! Don’t miss this exceptional property just blocks from Hamline University and minutes to St. Thomas, Macalester, and St. Kate's. Nestled in a vibrant community near Newell Park, cozy coffee shops, restaurants, shopping, and Allianz Field, this home offers the perfect blend of convenience and charm. The main-level unit features beautiful hardwood floors, two spacious bedrooms, a large updated kitchen with ample cabinet and countertop space, and a full bath with neutral decor and tile. Access to the basement provides a full-size washer, dryer (private to this unit) laundry tub, and plenty of room for storage. The upper-level unit boasts an inviting stone entry leading to a bright and spacious layout. Enjoy four generous sized bedrooms, an updated full bath, and a sun filled refreshed kitchen with white cabinetry, stainless steel appliances, and patio doors that open to a deck. The expansive living room on the 3rd floor includes a vaulted ceiling with ceiling fan, in-unit washer and dryer, & 3/4 Bath with tasteful neutral dĆ©cor. Completely remodeled in 2019 both inside & out - so very low maintenance property. New Hardie siding, trim, windows, 2 central air units & roof in 2019. One new furnace in 2022. Tenants pay electrical & heat. House has 3rd electric box for common spaces. Super easy to rent - owner has almost never had a vacancy in the 22 years ownership. Step outside to a large, tree-lined backyard—perfect for relaxing or enjoying the outdoors. Out the front door - you have open space of the school playground & fields. This unbeatable location is ideal for those who love to walk or bike, with easy access to bus lines and light rail. A fantastic opportunity for an owner-occupant, investor, or multi-generational setup.

    Listing

    Contingency: None
    Price per sq ft: $188
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55104
    Neighborhood/Area: Hamline-Midway
    Subdivision Name: Auditors Sub 50

    Interior

    Living Area: 2,122 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 800 ft2
    Foundation Dimensions: 0x0
    Handicap Accessible: None
    Heating System: Forced Air
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.08
    Geolocation: 44.963797, -93.169272
    Lot Dimensions: 27 x 121
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $360
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,396
    Annual Maintenance Expense: None
    Annual Gross Expense: $7,036
    Annual Trash Expense: $880
    Annual Water/Sewer Expense: $2,400
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,150
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,150

    Income

    Annual Gross Income: $41,340
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

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

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    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.