For Sale: Saint Paul MLS# 6728027
Active
NEW!
$829,999
Multi-family: Four Plex
Built 2004
5,230 sqft • 0.21 acres
St. Paul schools
MLS# 6728027

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Property Description
Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5, 230 SF on a
.21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages.
PROPERTY HIGHLIGHTS :
Built in 2004 with modern amenities throughout
Individual HVAC systems for each unit
In-unit washer/dryer connections
Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage
4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit)
Excellent condition with minimal deferred maintenance
Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)
Listing
Listing Status:
Active
Contingency:
None
List Price:
$829,999
Price per sq ft:
$159
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
2004
State:
MN
Property Style:
Four Plex
Zip Code:
55117
Neighborhood/Area:
North End
Subdivision Name:
Rice Street Villas
Interior
Finished Area:
5,230 ft2
Living Area:
5,230 ft2
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
4
Garage Dimensions:
25.1 x 12.2
Garage Size:
305 ft2
Foundation Size:
4,004 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Attached Garage
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.21
Geolocation:
44.98945, -93.106239
Lot Dimensions:
75ft x 123ft x 75ft x 123ft
Zoning:
Residential-Multi-Family
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:
$3,500
Annual Maintenance Expense:
None
Annual Gross Expense:
$21,826
Annual Trash Expense:
$1,822
Annual Water/Sewer Expense:
$12,988
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$12,228
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$16,956
Income
Annual Gross Income:
$78,011
Units
Total Units:
4
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water - In Street
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Listing provided by RMLS,
courtesy of Real Broker, LLC.
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.