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$425,000   Price Analysis
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2396 Benson Ave
Saint Paul, MN 55116
4 bed 2 bath 2,120 SqFt ($200/SqFt)
0.26 acre lot. Built 1965
Listed 2024-07-08, Taxes $5,510
Ⓧ USDA Ineligible
due to location

near Saint Paul

Prime Multifamily Opportunity Near West 7th!

* Sale Pending *

Owner-occupy one unit and have your tenants cover most of your mortgage or seize an astounding investment opportunity. This property is ideally situated near an array of shopping, dining nd recreational options, perfect for a lively lifestyle.

Each unit features in-unit laundry and the property boasts an expansive backyard, a newer roof and numerous modern updates. Its proximity to the airport also makes it ideal for short-term vacation rentals. Don't miss out on this turnkey inv estment property!


Presented by Andrew Fischer at
Jason Mitchell Real Estate Minnesota LLC.


Property MLS #6565368 from NorthstarMLS

Bedrooms: 4

Full Bathrooms: 2

Fuel Expense: 480.00
Heating Features: Boiler, Hot Water
Heating Fuel: Natural Gas

Wood
Road Frontage Type: City
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Acres: 0.259
Lot Size Dimensions: 144x80
Lot Size Square Feet: 11282

Garage Spaces: 2
Parking Features: Attached Garage
Garage Sqft: 500

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 43200.00

Number of Units: 2

School District: 625 - St. Paul

Highland Park Senior High School is a public high school located approximately 0.6 miles away.
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Highland Middle School is a public middle school located approximately 0.6 miles away.
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Horace Mann School is a public elementary school located approximately 1.6 miles away.
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Lubavitch Cheder Day School is a private elementary and middle school located approximately 1.1 miles away.
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Annual Tax Amount: 7092.00
Source Listing Status: Pending
County: Ramsey-MN
Directions: W 7th to Alton S to Benson
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 2500.00
Source Neighborhood: Highland
Parcel Number: 222823220047
Subdivision: Palisade Add To, Saint Pau
Trash Expense: 1052.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$225,600 + $48,000
$273,600
$5,510
2021$209,400 + $57,200
$266,600
$5,202
2020$202,500 + $57,200
$259,700
$5,438
2019$181,800 + $57,200
$239,000
$5,064
2018$160,100 + $57,200
$217,300
$4,528
2017$139,400 + $57,200
$196,600
$3,962
2016$131,000 + $47,700
$178,700
$3,890
2015$117,600 + $47,700
$165,300
$3,478
2014$102,600 + $47,700
$150,300
$3,382
2013$98,300 + $68,700
$167,000
$3,794
2012$unknown + $unknown
$152,700
$2,670
2011$149,500 + $76,300
$225,800
$3,390
2009$unknown + $unknown
$250,900
$3,106
2008$unknown + $unknown
$265,400
$3,082
2007$unknown + $unknown
$230,800
$2,630

Listed 2024-07-08
$425,000
NorthstarMLS
Listing removed 2021-08-10
$0
Avail
Listed for rent 2021-08-03
$1,500
Avail
Sold 2021-05-21
$350,000
NorthstarMLS
Relisted 2021-04-08
$330,000
NorthstarMLS
Listing removed 2021-04-06
$330,000
NorthstarMLS
Listing removed 2021-01-25
$315,000
NorthstarMLS
Listed 2021-01-14
$315,000
NorthstarMLS
Sold 2003-06-24
$68,950
Public Record
Sold 2000-11-15
$140,000
Public Record

Net Operating Income: 38568.00

Total Square Feet Living: 2120
Above Grade Finished Area: 2120
Foundation Area: 969.00
Property Age: 59
Property Condition: Previously Owned
Roof: Age 8 Years or Less, Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2120.00
Total Area Main: 1040.00

Electric: Circuit Breakers
Sewer: City Sewer/Connected
Water Sewer Expense: 600.00
Water Source: City Water/Connected
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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.