For Sale: Saint Paul MLS# 7123828
Active
NEW!
$235,000
Multi-family: Duplex Up and Down
3 br • 2 ba • Built 1908
1,804 sqft • 0.178 acres
St. Paul schools
MLS# 7123828
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Property Description
Part of a four-property portfolio being offered as owners prepare for retirement. This well-maintained building features 2 one-bedroom units, each with potential for conversion into 2-bedroom layouts with a bit of creativity. Also offering a newer 2+ car garage, an ADDITIONAL single-car garage, and a large storage shed—providing ample space for tenants and maintenance needs. Enjoy the charm of original woodwork and leaded glass windows, complemented by beautiful hardwood floors throughout. Recent updates include newer boilers and water heaters, and additional updates, ensuring efficient operation. Outdoor living is a highlight, with a spacious front porch, a large concrete patio, and a covered deck off the upper-level unit. An unfinished third floor offers multiple expansion options. The building is fully rented, with tenants responsible for utilities. The neighboring duplex at 1113 Minnehaha, also available from the same seller, presents an excellent opportunity for package deals or 1031 exchanges. A strong foundation for any investor seeking stable income and long-term growth potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$235,000
Price per sq ft:
$130
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
3
County:
Ramsey
Year Built:
1908
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55106
Neighborhood/Area:
90
Subdivision Name:
Terrys Add
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,804 ft2
Living Area:
1,804 ft2
Refrigerators:
Two
Basement Details:
- Partially Finished
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
3
Garage Size:
890 ft2
Foundation Size:
1,000 ft2
Fencing:
Privacy, Wood
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
Parking Features:
- Asphalt
- Detached Garage
- Multiple Garages
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.178
Geolocation:
44.963325, -93.053929
Lot Dimensions:
50 x 141 x 50 x 140
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$500
Annual Trash Expense:
$400
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
Cable TV, Electricity, Gas, Insurance
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,982
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,982
Income
Annual Gross Income:
$32,100
Rent
Annual Net Income:
$27,100
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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.
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Listing provided by RMLS,
courtesy of RE/MAX Results.
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.