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Active NEW!
$405,000
/mo Edit
Multi-family:  2 Stories
5 br • 2 ba • Built 1900
2,696 sqft • 0.11 acres
MLS# 7013505
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    Property Description

    Well-maintained duplex featuring two spacious units with great rental history. The upper-level unit offers 2 bedrooms, while the lower-level unit features 3 bedrooms. Recently remodeled while preserving original refinished hardwood floors that add timeless charm. Both units are fully rented with excellent long-term tenants #2 leased until Aug, #1 Lease up in May. Each unit has its own furnace and central air for separate utilities and efficiency. Major updates include a new roof, windows, and siding. No garage, but the property offers three off-street parking spaces. A solid, low-maintenance investment and a great rental opportunity. Would also be perfect for a owner occupy situation and rent out 1 unit for additional income.

    Listing

    Contingency: None
    Price per sq ft: $150
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55102
    Neighborhood/Area: 103
    Subdivision Name: Clarkes Add

    Interior

    Living Area: 2,696 ft2
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 870 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel

    Lot & Land

    Acres: 0.11
    Geolocation: 44.924789, -93.135153
    Lot Dimensions: 40 x 120
    Zoning: Residential-Multi-Family

    Schools

    School District: 2102
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,500
    Annual Maintenance Expense: $1,000
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $800
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,964
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,964

    Income

    Annual Gross Income: $35,700

    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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    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 Exit Realty Nexus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.