For Sale: South Saint Paul MLS# 6812901
Active
NEW!
$375,000
Multi-family: Four Plex
Built 1900
2,035 sqft • 0.11 acres
South St. Paul schools
MLS# 6812901
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Property Description
Easy to own and maintain 4-plex, each apartment has: 1 bedroom, 1 bath, kitchen, living room, windows on 3 sides, private entrance. #1 has the front porch + bsmt. 2 stall garage and parking for 4 cars. No laundry. Current owner has owned for 24+ years, and has replaced: roof, siding, windows, stair treads, parking lots, retaining wall, water heater, high efficiency furnace, and as needed: appliances, electrical, plumbing, and flooring: hardwood, carpet, vinyl. Long term tenants. Tenants pay: gas for their range, electricity, and provide their own air conditioning. Owners pay: heat, water, sewer, garbage, lawn/snow care, electricity for basement. There is more potential income by renting basement for storage. Current income: (1) $900(2) $885(3) $885(4) $880, (E garage) $70, (W garage) $70. New owner must get a rental license from the City of South St Paul after closing. South St Paul does not have rent control and is located in Dakota County.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$375,000
Price per sq ft:
$184
Property Type:
Multi-family
City:
South Saint Paul
Garage Spaces:
2
County:
Dakota
Year Built:
1900
State:
MN
Property Style:
Four Plex
Zip Code:
55075
Subdivision Name:
Hepburn Park
Interior
Finished Area:
2,035 ft2
Living Area:
2,035 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22 x 24
Garage Size:
528 ft2
Foundation Size:
1,090 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
- Parking Lot
- Paved
Exterior Material:
Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Lot & Land
Acres:
0.11
Geolocation:
44.887199, -93.036418
Lot Dimensions:
40 x 125
Schools
School District:
6
District Phone:
651-457-9400
Expenses
Annual Caretaker Expense:
$425
Annual Electric Expense:
$500
Annual Fuel Expense:
$1,463
Annual Insurance Expense:
$4,872
Annual Maintenance Expense:
$570
Annual Gross Expense:
$8,493
Annual Trash Expense:
$578
Annual Water/Sewer Expense:
$2,087
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,094
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,094
Income
Annual Gross Income:
$44,280
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
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.
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Listing provided by RMLS,
courtesy of Maxwell Blue Real Estate.
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.