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Active NEW!
$829,999
/mo Edit
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

    Contingency: None
    Price per sq ft: $159
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55117
    Neighborhood/Area: North End
    Subdivision Name: Rice Street Villas

    Interior

    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.