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Active NEW!
$500,000
/mo Edit
Multi-family:  Four Plex
Built 1924
2,176 sqft • 0.11 acres
St. Paul schools
MLS# 6786687
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    Property Description

    Turnkey Fourplex in a High-Growth Neighborhood! Blocks away from light-rail and Allianz Stadium. This fully remodeled fourplex is an excellent opportunity for investors seeking immediate rental income with minimal maintenance needs. Located in an up-and-coming neighborhood with strong demand, this property has been updated from top to bottom, offering both durability and modern appeal. Highlights: Four fully updated units with contemporary kitchens and bathrooms. Separate gas, electric & water heaters for each unit. Minimal ongoing maintenance thanks to recent renovations. With all the updates complete, this fourplex is positioned to attract quality tenants, reduce vacancy risk, and deliver strong long-term returns.

    Listing

    Contingency: None
    Price per sq ft: $230
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55104
    Neighborhood/Area: Hamline-Midway
    Subdivision Name: Brightwood Park

    Interior

    Living Area: 2,176 ft2
    Basement Details:
    • Block
    • Full
    • Storage/Locker

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 440 ft2
    Foundation Size: 1,088 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Radiator(s)
    Parking Features: Detached
    Road Frontage: City Street
    Exterior Material: Stucco

    Lot & Land

    Acres: 0.11
    Geolocation: 44.956738, -93.170616
    Lot Dimensions: 40 x 140

    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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,650
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,120
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,120

    Income

    Annual Gross Income: $54,720
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 4

    Miscellaneous

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

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    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.
    Connect with Eric today to get started with your home purchase!

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