For Sale: Saint Paul MLS# 6779180
Active
NEW!
$625,000
Multi-family: Triplex
Built 1924
2,940 sqft • 0.17 acres
St. Paul schools
MLS# 6779180
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Property Description
A rare chance to own a well-maintained triplex in one of St. Paul’s most sought-after neighborhoods. This property blends classic charm with smart updates—and it’s perfectly positioned for easy access to both downtowns and the many nearby colleges and universities. Whether you're an investor looking for solid income or a buyer ready to “house hack, ” this property delivers. Live in the spacious main unit and let the other two units offset your mortgage. Each unit features hardwood floors, updated kitchens and bathrooms, and well-preserved historic details. What the Zestimate doesn't tell you: All the heavy lifting has been done: Both upper units received complete kitchen and bathroom renovations, the basement was completely gutted and renewed with a new concrete floor and all new finishes, added bathroom and legal bedroom, the plumbing and electrical were updated (from one service to 4 electrical boxes and gas meters - all code compliant) and the ancient steam boiler was removed and replaced with 3 separate furnaces which are AC ready. You or your tenants will fully enjoy the brick paver patio where you can enjoy grilling and outdoor dining in quite a private setting surrounded by trees. New concrete steps lead up to the home, and the oversized three-car garage includes an unfinished upper level with potential for more storage, a studio, or even future development. The triplex is extremely clean and ready for a quick closing. The main unit is vacant and will be seen on your first showing. The upper 2 units are currently occupied and can be shown at second showings only.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$625,000
Price per sq ft:
$213
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
3
County:
Ramsey
Year Built:
1924
State:
MN
Property Style:
Triplex
Zip Code:
55105
Neighborhood/Area:
Macalester-Groveland
Subdivision Name:
Lexington Park 7
Interior
Finished Area:
2,940 ft2
Living Area:
2,940 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
3
Garage Size:
1 ft2
Foundation Size:
1,456 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Shared Amenities:
- Laundry
- Patio
Road Frontage:
- City Street
- Sidewalks
Exterior Material:
- Metal Siding
- Vinyl Siding
Roof Details:
Age 8 Years or Less
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.17
Geolocation:
44.927999, -93.147023
Lot Dimensions:
140 x 54
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$845
Annual Insurance Expense:
$3,728
Annual Maintenance Expense:
$1,305
Annual Gross Expense:
$1
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,037
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$12,230
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,230
Income
Annual Gross Income:
$60,000
Units
Total Units:
3
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!
Listing provided by RMLS,
courtesy of eXp Realty.
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.