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$560,000
/mo Edit
Multi-family:  Triplex
Built 1959
3,864 sqft • 0.13 acres
St. Paul schools
MLS# 6701960
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    Property Description

    Turnkey mid-century triplex in the Union Park/Merriam Park neighborhood. Upper apartment is a beautiful 4 bed 2 bath apartment that was previously a successful short term vacation rental and prior to that a student rental. New kitchen cabinets a few years ago with solid surface counter tops, breakfast bar and stainless appliances. Hardwood floors throughout with 2 nicely tiled baths and a dedicated forced air furnace and central A/C for this apartment. Currently vacant to allow for an owner occupant market rent is $2600. Lower level has 2 apartments. A 1 bed 1 bath with the same high quality cabinets, solid surface counters and stainless appliances. A nice tiled bath and plenty of windows for a garden level apartment. The other unit is a studio apartment with a nice kitchen, solid surface counters, nice white appliances and a tiled bath. The two lower level apartments have electric baseboard heat. Tenants pay heat in all three apartments as well as electricity so the owners expenses are low. Pretty much everything has been replaced in the past 10 years roof, windows, electrical, all the mechanicals. A nice yard with a 4 car parking lot.

    Listing

    Contingency: None
    Price per sq ft: $145
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Triplex
    Zip Code: 55104
    Neighborhood/Area: Merriam Park/Lexington-Hamline
    Subdivision Name: Oakland Park Addition, To The C

    Interior

    Living Area: 3,864 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Daylight/Lookout Windows
    • Finished
    • Full

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 0
    Foundation Size: 1,288 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: Parking Lot
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.13
    Geolocation: 44.948101, -93.169632
    Lot Dimensions: 39 x 138
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $860
    Annual Fuel Expense: $740
    Annual Insurance Expense: $2,800
    Annual Maintenance Expense: $2,703
    Annual Gross Expense: $9,503
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Cable TV, Electricity, Fuel, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $8,850
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,850

    Income

    Annual Gross Income: $54,072
    Misc. Annual Income: $720
    Misc. Monthly Income: $60

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