For Sale: Saint Paul MLS# 7013399
Active
NEW!
$1,190,000
Multi-family: 2 Stories
8 br • 4 ba • Built 1922
4,628 sqft • 0.105 acres
MLS# 7013399
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Property Description
This thoughtfully updated 4-plex presents an excellent opportunity for investors seeking strong rental appeal and long-term value, located just minutes from the University of St. Thomas and convenient transit lines. All four units have been fully renovated while preserving the property's timeless character, highlighted by original buffets and rich woodwork throughout. The updated interiors feature granite countertops, gas cooktops, stainless steel appliances, remodeled bathrooms, and newer windows, creating an attractive blend of classic architecture and modern finishes.
Additional improvements include a high-efficiency boiler and updated laundry, equipment, supporting efficient operation and tenant convenience. The dry, unfinished basement offers ample storage and potential for future expansion. Situated in the desirable Merriam Park/Union Park neighborhood and only steps from the vibrant Grand Avenue corrido, this property combines historic charm, quality renovations, and strong investment potential in one of St. Paul's most sought-after locations.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,190,000
Price per sq ft:
$257
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1922
State:
MN
Property Style:
2 Stories
Zip Code:
55104
Neighborhood/Area:
96
Subdivision Name:
Schroeders Add To, The Circle
Interior
Bedrooms:
8
Bathrooms:
4
Finished Area:
4,628 ft2
Living Area:
4,628 ft2
Refrigerators:
Four
Basement Details:
- Block
- Daylight/Lookout Windows
- Full
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,314 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
- Radiant
Parking Features:
- On-Street Parking Only
- Unassigned
Shared Amenities:
Laundry
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
- Brick
- Stone
Roof Details:
Flat
Rooms
Laundry:
- In Basement
- Laundry Room
- Sink
Lot & Land
Acres:
0.105
Geolocation:
44.945529, -93.169299
Lot Dimensions:
45 x 101 x 45 x 101
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$3,323
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
$229
Annual Trash Expense:
$1,400
Annual Water/Sewer Expense:
$2,192
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$15,164
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$16,026
Income
Annual Gross Income:
$78,155
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
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.