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$259,900   Price Analysis
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902 Forest St
Saint Paul, MN 55106
5 bed 2 bath 1,425 SqFt ($182/SqFt)
6,621SqFt lot. Built 1889
Listed 2023-10-27, Taxes $2,256
Ⓧ USDA Ineligible
due to location

near Saint Paul

Great opportunity for investors!

Cash-flowing duplex with a strong rental history located in convenient access to public transportation and shopping. The upper unit has 2 bedrooms Lower unit 3 bedrooms.

Both units are tenant ccupied with leases. Kindly be respectful of current tenants; 24 hour notice req uired for all showings. Property is being sold as-is.


Presented by Constance Wolke at
Cardinal Realty Co.
Listing Agent Photo

Property MLS #6453462 from NorthstarMLS

Bedrooms: 5

Basement Features: Full, Unfinished

Full Bathrooms: 2

Heating Features: Gravity
Heating Fuel: Natural Gas

Vinyl
Road Frontage Type: City, Curbs, Sidewalks
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Tree Coverage - Light
Lot Size Acres: 0.152
Lot Size Dimensions: 50x132
Topography: Level
Lot Size Square Feet: 6621

Parking Features: On-Street Parking Only

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 600.00

Gross Income: 31440.00

Number of Units: 2

School District: 625 - St. Paul

Johnson Senior High School is a public high school located approximately 1 miles away.
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Frost Lake Magnet Elementary School is a public elementary school located approximately 1.9 miles away.
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Farnsworth Aerospace Upper is a public elementary and middle school located approximately 0.4 miles away.
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Joy Lutheran Pre-School Bethlehem is a private elementary school located approximately 0.5 miles away.
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Annual Tax Amount: 2424.00
Source Listing Status: Active
County: Ramsey-MN
Directions: 7th Street to Forest, north to property on the east side of the road.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 1279.00
Source Neighborhood: Payne-Phalen
Parcel Number: 282922310114
Subdivision: Auditors Sub 7
Trash Expense: 812.00
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$144,200 + $20,000
$164,200
$2,256
2021$157,900 + $8,500
$166,400
$2,278
2020$139,600 + $8,500
$148,100
$2,138
2019$105,400 + $8,500
$113,900
$2,662
2018$99,700 + $8,500
$108,200
$2,434
2017$98,900 + $8,500
$107,400
$2,218
2016$82,400 + $8,500
$90,900
$2,036
2015$67,900 + $8,500
$76,400
$1,666
2014$52,600 + $8,500
$61,100
$1,438
2013$49,700 + $8,500
$58,200
$1,374
2012$49,800 + $8,400
$58,200
$2,614
2011$52,400 + $14,300
$66,700
$1,962
2009$unknown + $unknown
$175,500
$2,840
2008$unknown + $unknown
$197,100
$2,990
2007$unknown + $unknown
$171,400
$2,784

Price Changed 2024-01-31
$259,900
NorthstarMLS
Price Changed 2023-12-06
$249,900
NorthstarMLS
Listed 2023-10-27
$275,000
NorthstarMLS
Sold 2003-11-07
$114,000
Public Record
Sold 2002-10-18
$110,000
Public Record

Net Operating Income: 24649.00
Operating Expense: 6191.00

Total Square Feet Living: 1425
Above Grade Finished Area: 1425
Foundation Area: 664.00
Property Age: 135
Property Condition: Previously Owned
Roof: Age Over 8 Years
Levels or Stories: 2
Total Above Grade Sqft Area: 1425.00
Total Area Main: 894.00
Total Below Grade Area: 1425.00

Sewer: City Sewer/Connected
Water Sewer Expense: 809.00
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.