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For Sale:  Saint Paul MLS# 6633562

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Active NEW!
$385,000
/mo Edit
Multi-family:  Triplex
Built 1948
2,638 sqft • 0.2 acres
St. Paul schools
MLS# 6633562
612-309-0884
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    Property Description

    This well-maintained triplex offers a prime investment opportunity or the perfect owner-occupied home with rental income. Several major updates have already been completed, making this property a great value. Improvements include a brand-new roof, all-new plumbing, and a new deck. The boiler is also just a few years old, ensuring long-term reliability. Lower level unit is a fully renovated 1-bedroom unit with a modern kitchen, new bathroom, and fresh paint throughout. The 1st floor is occupied by a long-term Section 8 tenant, paying $1, 500 per month with a lease through October 2025. The upper unit rents for $1, 100 per month with a lease through March 2025. Situated on a double lot in a highly sought-after location, this property is conveniently located between University Avenue and Como Park, offering easy access to local amenities, transit, and green spaces. Don't miss this rare opportunity to own a triplex with stable cash flow and extensive recent updates—ideal for both investors and owner-occupants looking to offset their mortgage with rental income.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $385,000
    Price per sq ft: $146
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 3
    County: Ramsey
    Year Built: 1948
    State: MN
    Property Style: Triplex
    Zip Code: 55104
    Neighborhood/Area: Thomas-Dale (Frogtown)
    Subdivision Name: John A Cokes Add To, St

    Interior

    Finished Area: 2,638 ft2
    Living Area: 2,638 ft2
    Basement Details:
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: One and One Half
    Garage Spaces: 3
    Garage Size: 660 ft2
    Foundation Size: 1,011 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Detached
    Road Frontage: City Street
    Exterior Material:
    • Metal Siding
    • Vinyl Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.2
    Geolocation: 44.960012, -93.144508
    Lot Dimensions: 70 x 125
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Gross Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,160
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,160

    Income

    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

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