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For Sale:  Saint Paul MLS# 7018724

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Active NEW!
$1,200,000
/mo Edit
Multi-family:  Four Plex
8 br • 4 ba • Built 1922
3,258 sqft • 0.217 acres
MLS# 7018724
763-576-8286
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    Property Description

    Tucked along a welcoming, tree lined street in one of St. Paul’s most sought after neighborhoods, this five unit apartment building radiates timeless charm. The all brick property, complete with a four car detached brick garage, has been lovingly owner occupied and meticulously maintained since 1988. Ideally located near the Mississippi River and just steps from St. Paul’s iconic avenues, the setting is both picturesque and convenient. Enjoy easy access to scenic trails, the historic mansions of Summit Avenue, and the vibrant shops and restaurants lining Grand Avenue, truly one of the city’s most desirable locations. Inside, the building showcases original woodwork, with most units featuring hardwood floors, coffered ceilings, and classic built in dining room buffets. Four of the five units share a generous two bedroom, one bath floor plan with 9 foot ceilings, abundant natural light, and ample storage throughout. Additional private storage is available in the basement, along with shared laundry and a workshop. The backyard offers a welcoming space to gather, garden, or grill. 5th unit in basement is currently vacant and ready to be refreshed for occupancy with attached bid from licensed contractor in supplements. A rare opportunity, don’t miss it.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $1,200,000
    Price per sq ft: $368
    Property Type: Multi-family
    City: Saint Paul
    Garage Spaces: 4
    County: Ramsey
    Year Built: 1922
    State: MN
    Property Style: Four Plex
    Zip Code: 55104
    Neighborhood/Area: 96
    Subdivision Name: Summit Ave Add To, The

    Interior

    Bedrooms: 8
    Bathrooms: 4
    Finished Area: 3,258 ft2
    Living Area: 3,258 ft2
    Refrigerators: Five, One Per Unit
    Basement Details:
    • Owner Access
    • Partial
    • Storage Space
    • Storage/Locker
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 36x21
    Garage Size: 800 ft2
    Garage Door Height: 7
    Foundation Size: 2,911 ft2
    Foundation Dimensions: 71x41
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    Parking Features: Detached Garage
    Shared Amenities:
    • Other
    • Security Lighting
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Brick
    • Stone

    Rooms

    Laundry:
    • Laundry Room
    • Lower Level

    Lot & Land

    Acres: 0.217
    Geolocation: 44.943146, -93.162938
    Lot Dimensions: 149 x 62
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Schools

    School District: 2102
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: $600
    Annual Electric Expense: $648
    Annual Fuel Expense: $3,828
    Annual Insurance Expense: $4,280
    Annual Maintenance Expense: $1,765
    Annual Trash Expense: $2,452
    Annual Water/Sewer Expense: $2,108
    Tenant Expenses: All Utilities, Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $16,810
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $16,810

    Income

    Annual Gross Income: $127,007
    Misc. Annual Income: None
    Misc. Monthly Income: $435

    Rent

    Annual Net Income: $96,884

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Jason Mitchell Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.