For Sale: Saint Paul MLS# 6744227
Active
NEW!
$900,000
Multi-family: Four Plex
Built 1906
6,821 sqft • 0.12 acres
St. Paul schools
MLS# 6744227
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Property Description
Exceptional turnkey 4-plex in the heart of St. Paul—ideal for investors seeking strong cash flow with no upfront renovations needed. This nearly 7, 000 finished sqft building features four spacious units: two 4-bedrooms and two 3-bedrooms. This property produces around $91, 000+/year in gross rental income. Tenants pay their own electric, and there’s off-street parking for four or more vehicles. Thoughtful updates have been made under current ownership, and the property sits in a high-demand rental corridor. Whether you’re expanding your portfolio or looking for a reliable performer, don’t miss out on this unique opportunity!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$900,000
Price per sq ft:
$132
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1906
State:
MN
Property Style:
Four Plex
Zip Code:
55107
Neighborhood/Area:
West Side
Subdivision Name:
West St Paul Blks 1 Thru 99
Interior
Finished Area:
6,821 ft2
Living Area:
6,821 ft2
Basement Details:
Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,855 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Parking Lot
- Paved
Exterior Material:
Aluminum Siding
Lot & Land
Acres:
0.12
Geolocation:
44.934083, -93.087832
Lot Dimensions:
100X50
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$742
Annual Fuel Expense:
$4,560
Annual Insurance Expense:
$3,945
Annual Maintenance Expense:
$2,268
Annual Gross Expense:
$27,436
Annual Trash Expense:
$1,478
Annual Water/Sewer Expense:
$3,823
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$94,800
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 Edina Realty, Inc..
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.