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Active NEW!
$850,000
/mo Edit
Condo/Townhome:  Low Rise (3- Levels)
Built 1915
0.18 acres
St. Paul schools
MLS# 6806741
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    Property Description

    This is a wonderful investment opportunity in the heart of Ramsey Hill. 4 large apartments and 1 efficiency (in the lower level). All the units have been updated over time and all have 1 off street parking space in the back. This wonderfully kept building still has all the Old World Charm one would expect, yet surfaces have been touched with modern conveniences. 48 hour noticed required. One unit on the first viewing is available and for 2nd showings, one may see all units. This is a wonderful way to assure your retirement income!

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Low Rise (3- Levels)
    Zip Code: 55102
    Neighborhood/Area: Summit-University
    Subdivision Name: Subdivision Of Blocks 17 &, 23

    Interior

    Ceiling Height: 8-10
    Ranges: Five
    Refrigerators: Five
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 5
    Air Conditioning: Ductless Mini-Split
    Foundation Size: 2,500 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Assigned
    • Parking Lot
    Shared Amenities: Coin-op Laundry Owned
    Unit Amenities:
    • Hardwood Floors
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Natural Woodwork
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.18
    Geolocation: 44.942656, -93.125733
    Inclusions: Building, Land
    Lot Dimensions: 55 x 144
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Electric Expense: $3,731
    Annual Insurance Expense: $7,658
    Annual Trash Expense: $1,008
    Annual Water/Sewer Expense: $1,563

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,798
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,798

    Income

    Annual Gross Income: $69,240

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Hot Water Common
    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!

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