For Sale: Saint Paul MLS# 6809766
Active
$850,000
Multi-family: Four Plex
Built 1914
4,138 sqft • 0.17 acres
St. Paul schools
MLS# 6809766
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Property Description
Fantastic investment opportunity in the heart of St. Paul’s Merriam Park! This fully occupied fourplex features four identical 2-bedroom units with classic 1914 charm, including original built-ins and hardwood details. Tenants enjoy a shared outdoor common area, lower-level laundry, separate storage units, and a detached 2-car garage. Prime location near Macalester College, University of St. Thomas, Concordia University, and local shops and restaurants. Easy access to I-94, I-35E, and public transit makes it ideal for commuters and students alike. Steady rental history and strong tenant demand make this a turnkey addition to any investment portfolio.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$850,000
Price per sq ft:
$205
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1914
State:
MN
Property Style:
Four Plex
Zip Code:
55104
Neighborhood/Area:
Merriam Park/Lexington-Hamline
Subdivision Name:
Oakland Park Addition, To The C
Interior
Finished Area:
4,138 ft2
Living Area:
4,138 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Full
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
572 ft2
Foundation Size:
2,069 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Radiator(s)
Parking Features:
- Detached
- On-Street Parking Only
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Tar/Gravel
Lot & Land
Acres:
0.17
Geolocation:
44.947664, -93.170585
Lot Dimensions:
138 x 54 x 138 x 54
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
$4,141
Annual Electric Expense:
$2,219
Annual Fuel Expense:
$486
Annual Insurance Expense:
$3,336
Annual Maintenance Expense:
$11,642
Annual Gross Expense:
$15,811
Annual Trash Expense:
$1,888
Annual Water/Sewer Expense:
$1,985
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$15,163
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$16,292
Income
Annual Gross Income:
$59,164
Units
Total Units:
4
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 Keller Williams Preferred Rlty.
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.