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Active Contingent
$515,000
/mo Edit
Multi-family:  Four Plex
Built 1902
3,175 sqft • 0.15 acres
St. Paul schools
MLS# 6582083
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    Property Description

    Rental properties like this do not come around very often. This late Victorian home was built for a prominent local businessman and his family on gorgeous Hampden Park just after the turn of the century. Its historic millwork, wood paneling, carved pillars and embellishments, oak hardwood floors, and other stunning Victorian details are still in tact. The pictures do not do this property justice. Tenants love how this property looks proudly over Hampden Park and borders a quiet church, this property is located within a very short walk of three soccer fields, a jungle gym, two open parks, a co-op, two coffeeshops, cafes, one of the Twin Cities best new restaurants (Herbst Eatery), bus routes, Hardware stores, both campuses of the U of M, and so much more. This home presents its future owner with so many options: finish the basement into a fifth unit, finish the attic into a sixth unit. Or combine the two main level units into a huge owner's unit and operate the two upper units with a triplex setup. Or combine the two upper units and owner occupy the main level, and function as a duplex. Or keep the four units as-is and make the massive vaulted attic an owner's unit. Or convert the whole thing quite easily back into a gorgeous large Victorian home. There is a ton of storage in the basement and oversized garage. Location location location. This property is located in one of the "hidden gem" neighborhoods of St. Paul. You and your tenants will be hard pressed to find a more respectable, historic, charming neighborhood. The private, large back yard is another great feature. Many tenants are MTM and unit 1 on the main level is vacant. An owner occupant could move in immediately. Schedule a showing today!

    Listing

    Contingency: Inspection
    Price per sq ft: $162
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Four Plex
    Zip Code: 55114
    Neighborhood/Area: St. Anthony Park
    Subdivision Name: St Anthony Park Add

    Interior

    Living Area: 3,175 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Daylight/Lookout Windows
    • Full
    • Shared Access

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 21x20
    Garage Size: 420 ft2
    Garage Door Height: 7
    Garage Door Width: 18
    Foundation Size: 1,230 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Hot Water
    • Radiator(s)
    Parking Features: Detached
    Shared Amenities:
    • Coin-op Laundry Owned
    • Laundry
    • Lobby Entrance
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Wood Siding
    Roof Details: Architectural Shingle

    Rooms

    Shared Rooms: Play Area

    Lot & Land

    Acres: 0.15
    Geolocation: 44.968992, -93.199901
    Lot Dimensions: 150 x 57
    Zoning: Residential-Multi-Family
    Lot Description:
    • Property Adjoins Public Land
    • Public Transit (w/in 6 blks)

    Schools

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

    Expenses

    Annual Caretaker Expense: $600
    Annual Electric Expense: $250
    Annual Fuel Expense: $3,550
    Annual Insurance Expense: $3,000
    Annual Maintenance Expense: $2,000
    Annual Gross Expense: $11,800
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $700
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $9,750
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,750

    Income

    Annual Gross Income: $46,310

    Units

    Total Units: 4

    Miscellaneous

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

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