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$644,900   Price Analysis
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998 Grand Ave
Saint Paul, MN 55105
9 bed 5 bath 3,788 SqFt ($170/SqFt)
5,968SqFt lot. Built 1911
Listed 2023-11-07, Taxes $11,448
Ⓧ USDA Ineligible
due to location

near Saint Paul

Fantastic Grand Avenue Fourplex!

* No Longer For Sale *
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Two 1bed/1bath units, One studio with a huge closet, full bath and appointed kitchen and One huge 6bed/2bath totaling two floors. This is an astounding investment opportunity with four unique units all having fantastic layouts and their own individual charm.

4 ff-street parking spaces, paved, in back. Laundry (owned) in basement along with large storage lockers and mechanicals. Ten ants pay electric, heat included in rent.


Presented by Gretchen K. Berg at
RE MAX Advantage Plus.
Listing Agent Photo

Property MLS #6455889 from NorthstarMLS

Bedrooms: 9

Basement Features: Egress Windows, Full, Owner Access, Shared Access, Storage Space

Full Bathrooms: 5

Fuel Expense: 2500.00
Heating Features: Hot Water, Radiant
Heating Fuel: Natural Gas

Aluminum Siding
Vinyl
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: 0.137
Lot Size Dimensions: 39x150
Lot Size Square Feet: 5968

Parking Features: Driveway - Asphalt, Paved Lot

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 11296.00

Gross Income: 62860.00
Tenant Pays: Broadband, Cable T.V., Electric

Number of Units: 4

School District: 625 - St. Paul

Central Senior High School is a public high school located approximately 0.7 miles away.
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Randolph Heights Elementary School is a public elementary school located approximately 0.9 miles away.
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Ramsey Middle School is a public middle school located approximately 1.5 miles away.
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St. Thomas More Catholic School is a private elementary and middle school located approximately 0.2 miles away.
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Annual Tax Amount: 13394.00
Source Listing Status: Closed
County: Ramsey-MN
Directions: 94 to Lexington to Grand Avenue.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 7500.00
Manager Expense: 4135.00
Source Neighborhood: Summit Hill
Owner Pays: Fuel, Insurance, Lawn, Maintenance/Repair, Snow, Taxes, Trash, Water/Sewer
Parcel Number: 022823320022
Subdivision: Summit Park Add To, St Pa
Trash Expense: 1668.00
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$493,600 + $80,000
$573,600
$11,448
2021$440,000 + $80,000
$520,000
$10,038
2020$440,000 + $80,000
$520,000
$10,800
2019$420,000 + $80,000
$500,000
$10,488
2018$396,000 + $80,000
$476,000
$9,798
2017$354,600 + $80,000
$434,600
$8,646
2016$195,400 + $180,000
$375,400
$7,728
2015$195,400 + $180,000
$375,400
$7,790
2014$195,400 + $180,000
$375,400
$8,316
2013$240,000 + $180,000
$420,000
$9,442
2012$270,000 + $180,000
$450,000
$9,372
2011$295,000 + $180,000
$475,000
$8,722
2009$unknown + $unknown
$515,000
$7,738
2008$unknown + $unknown
$515,000
$7,346
2007$unknown + $unknown
$500,000
$7,230

Sold 2024-05-28
$630,000
NorthstarMLS
Listed 2023-11-07
$644,900
NorthstarMLS
Sold 2021-06-30
$615,000
NorthstarMLS
Listed 2021-05-12
$585,000
NorthstarMLS
Sold 2006-01-01
$500,000
Public Record
Sold 2005-01-01
$500,000
Public Record
Sold 1988-08-11
$125,000
Public Record

Net Operating Income: 59681.00
Operating Expense: 35718.00

Total Square Feet Living: 3788
Above Grade Finished Area: 3788
Construction Materials: Block, Concrete
Foundation Area: 798.00
Property Age: 113
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 3788.00
Total Area Main: 798.00

Electric: Circuit Breakers
Electric Expense: 4700.00
Sewer: City Sewer/Connected
Water Sewer Expense: 2378.00
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.