For Sale: Saint Paul MLS# 7041832
Active
$449,900
Multi-family: Duplex Side by Side
7 br • 3 ba • Built 1908
3,532 sqft • 0.142 acres
St. Paul schools
MLS# 7041832
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Property Description
NOW $449, 900, with 5% seller financing available! This memorable Saint Paul duplex near Hamline University combines nearly $4, 000 in monthly rent, flexible financing, historic character... and a secret 33x33-foot room upstairs.
The seller is willing to offer a 5-year Contract for Deed at just 5% interest with 10% or more down, giving investors or owner occupied buyers an attractive alternative to conventional financing.
Unit 1636 currently rents for $2, 240/month and features original hardwood floors, beautiful period trim and moldings, and a main-floor half bath. Then comes the surprise: tucked away on the third floor behind an entrance that feels almost like a hidden closet door is an enormous 33x33-foot vaulted loft, Studio, office, recreation room, entertainment space, creative retreat... this is a room looking for its next idea.
Next door, Unit 1638 generates another $1, 700/month, bringing current combined rents to $3, 940/month.
Add a premium Owens Corning 25-year roof installed in 2019, newer detached 2-car garage, two additional parking spaces and generous open-rafter storage.
New "ready to go" price of $499, 900, the seller is ready to get this property sold.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$449,900
Price per sq ft:
$127
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
2
County:
Ramsey
Year Built:
1908
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55104
Neighborhood/Area:
93
Subdivision Name:
Wood Lawn Park Add To, St
Interior
Bedrooms:
7
Bathrooms:
3
Finished Area:
3,532 ft2
Living Area:
3,532 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
520 ft2
Foundation Size:
1,454 ft2
Fencing:
Partial, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Gravity
- Radiant
Parking Features:
- Asphalt
- Detached Garage
Road Frontage:
City Street
Exterior Material:
Stone
Pool:
None
Roof Details:
Age 8 Years or Less
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.142
Geolocation:
44.962604, -93.169419
Lot Dimensions:
50X124
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$486
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,186
Annual Maintenance Expense:
$645
Annual Trash Expense:
$728
Annual Water/Sewer Expense:
$964
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,334
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,766
Income
Annual Gross Income:
$49,080
Rent
Annual Net Income:
$42,419
Units
Total Units:
2
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 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.