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Active
$900,000
/mo Edit
Multi-family:  Four Plex
Built 1884
4,688 sqft • 0.3 acres
St. Paul schools
MLS# 6582790
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    Property Description

    Prime location in Summit Hill neighborhood just off Grand Ave - easily walk to DT St. Paul or take transit, bike. 4 spacious units with hardwood floors, woodwork and unique features like porches with some units. Three of the units currently rented with MTM leases. Upper level is not occupied - could be an awesome owner's space - this unit has central air, washer, dryer, 3 bed/2 bath and is so light and bright! 4 parking spots in garages plus 2 additional uncovered spots give enough spaces for tenants, and/or rent out for a little extra income. Newer boiler, washers, dryers, many appliances, painted exterior within last 4 years, newer gutters, security cameras and lights. Don't miss the opportunity to own a well maintained 4 plex in on of St. Paul's coveted neighborhoods.

    Listing

    Contingency: None
    Price per sq ft: $192
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55102
    Neighborhood/Area: Summit Hill
    Subdivision Name: Terrace Park Add To, The C

    Interior

    Living Area: 4,688 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 6
    Garage Size: 400 ft2
    Foundation Size: 1,348 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Detached
    • Parking Garage
    • Parking Lot
    Shared Amenities: Patio
    Exterior Material:
    • Shake Siding
    • Wood Siding

    Lot & Land

    Acres: 0.3
    Geolocation: 44.939135, -93.125631
    Lot Dimensions: 85 x 150 x 84 x 149
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: $2,100
    Annual Electric Expense: $1,800
    Annual Fuel Expense: $1,800
    Annual Insurance Expense: $7,500
    Annual Maintenance Expense: $1,500
    Annual Gross Expense: $37,600
    Annual Trash Expense: $2,700
    Annual Water/Sewer Expense: $2,700
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $16,912
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $16,912

    Income

    Annual Gross Income: $51,000

    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.
    It would be our pleasure to assist you with your home purchase!

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