For Sale: South Saint Paul MLS# 7095591
Active
$425,000
Multi-family: Duplex Side by Side
6 br • 2 ba • Built 1966
2,000 sqft • 0.114 acres
South St. Paul schools
MLS# 7095591
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Property Description
Fantastic opportunity to own an updated, side-by-side duplex tucked away in a quiet, peaceful neighborhood! This highly desirable two-story style property is perfect for an investor looking to maximize returns or an owner-occupant wanting to house-hack and let a tenant pay the mortgage.
Each unit features a functional layout, with two comfortable bedrooms and a full bathroom on the upper level, plus a third bedroom in the lower level.
With both sides currently occupied by stable, month-to-month tenants, you'll enjoy immediate cash flow from day one. Current rents are notably under market value, offering an upside potential to adjust to market rates or refresh the units between tenants with a standard 30-day notice. Don't miss out on this high-potential addition to your real estate portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$425,000
Price per sq ft:
$213
Property Type:
Multi-family
City:
South Saint Paul
Garage Spaces:
2
County:
Dakota
Year Built:
1966
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55075
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,000 ft2
Living Area:
2,000 ft2
Refrigerators:
Two
Basement Details:
- Block
- Finished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
440 ft2
Foundation Size:
780 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Exterior Material:
Block
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.114
Geolocation:
44.885568, -93.050964
Lot Dimensions:
40 x 124
Zoning:
Residential-Multi-Family
Schools
School District:
6
District Phone:
6514579400
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,128
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,128
Income
Annual Gross Income:
$33,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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 Coldwell Banker Realty - Southwest Regional.
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.