$639,900 Price Analysis    ♡   Saint Paul, MN 55130 12 bed 4 bath 4,000 SqFt ($159/SqFt) 6,839SqFt lot. Built 1911 Listed 2024-02-20, Taxes $7,026 | Ⓧ USDA Ineligible due to location near Saint Paul |
Welcome to an enticing investment opportunity in St.
* No Longer For Sale *
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Paul! This meticulously maintained 4-plex presents a prime chance for savvy investors seeking stable returns. Situated in a thriving rental market, this property boasts a consistent rental history, with all units currently leased, providing immediate cash flow. Each of the four units features three bedrooms, catering to tenants seeking ample living space. Additional income stream from on-site coin-operated laundry facilities, providing convenience to tenants while generating extra revenue.
Enjoy predictable monthly income with minimal vacancy risks, supported by long-term leases and Section 8 subsidies. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking for a reliable income-generating asset, this 4-plex presents an exceptional opportunity to capitaliz on the thriving rental market in St. Paul. Don't miss out on this chance to secure long-term financial success.
Presented by Aundrea Paskett at
RE/MAX Professionals.
Property MLS #6491504 from NorthstarMLS
Heating Features: Forced Air
Heating Fuel: Natural Gas
Fencing: Privacy, Wood
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks, Street Lights
Road Responsibility: Public Maintained Road
Lot Description: Corner Lot, Tree Coverage - Light
Lot Size Acres: 0.157
Lot Size Dimensions: 80x85
Lot Size Square Feet: 6839
Parking Features: Detached Garage, Driveway - Asphalt, Electric, Paved Lot
Garage Dimensions: 20 x 24
Garage Sqft: 480
Association Amenities: Coin-op Laundry Owned, Deck
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 4126.00
Tenant Pays: Cable T.V., Electric, Fuel
Map directions Map directions Map directions Map directionsSource Listing Status: Closed
County: Ramsey-MN
Directions: I-35E N, east on Maryland Ave, south on Arkwright St to property on corner of Arkwright St and Cook Ave.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 3249.00
Source Neighborhood: Payne-Phalen
Owner Pays: Electric, Fuel, Insurance, Janitorial, Lawn, Maintenance/Repair, Snow, Taxes, Trash, Water/Sewer
Parcel Number: 292922230052
Subdivision: Hendricksons Add
Trash Expense: 2000.00
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $266,800 + $80,000 $346,800 | $7,026 |
| 2021 | $327,700 + $30,800 $358,500 | $7,210 |
| 2020 | $269,700 + $30,800 $300,500 | $6,244 |
| 2019 | $56,400 + $41,600 $98,000 | $4,384 |
| 2018 | $56,400 + $41,600 $98,000 | $4,912 |
| 2017 | $188,800 + $41,600 $230,400 | $6,296 |
| 2016 | $unknown + $unknown $92,100 | $6,472 |
| 2015 | $unknown + $unknown $63,100 | $5,478 |
| 2014 | $unknown + $unknown $165,300 | $4,518 |
| 2013 | $unknown + $unknown $107,700 | $5,152 |
| 2012 | $unknown + $unknown $212,900 | $6,646 |
| 2011 | $196,600 + $55,400 $252,000 | $6,458 |
| 2009 | $unknown + $unknown $280,000 | $5,988 |
| 2008 | $unknown + $unknown $280,000 | $5,688 |
| 2007 | $unknown + $unknown $280,000 | $5,884 |
$620,000
NorthstarMLS
Relisted 2024-03-20
$639,900
NorthstarMLS
Listing removed 2024-03-15
$0
NorthstarMLS
Listed 2024-02-20
$639,900
NorthstarMLS
Sold 2016-12-29
$89,500
Public Record
Sold 2016-05-31
$51,000
Public Record
Sold 2006-01-01
$314,350
Public Record
Sold 2005-01-01
$280,000
Public Record
Sold 2004-10-18
$190,000
Public Record
Above Grade Finished Area: 4000
Foundation Area: 1200.00
Property Age: 113
Property Condition: Previously Owned
Roof: Age 8 Years or Less, Rubber
Levels or Stories: 2
Total Above Grade Sqft Area: 4000.00
Total Area Main: 2000.00
Total Below Grade Area: 2000.00
Electric Expense: 936.00
Sewer: City Sewer/Connected
Water Sewer Expense: 2000.00
Water Source: City Water/Connected
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.