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$ 224,900
Est. payment | /mo
2,011 SqFt
$ 224,900
Est. payment | /mo
2,011 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,011 sqft
Price per Sqft $111
MLS Listing ID 6819027
Year Built 1923
Annual Tax Amount $2,908
Tax Year 2025
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 46*127
Property Sub-Type Duplex Up and Down
Property Description
This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity.
The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.
The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.
Location
State MN
County Ramsey
Rooms
Basement Block
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Gravel
Building
Story Two
Foundation 1051
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Slate
New Construction false
Schools
School District St. Paul
Listed by Johnny Vang • eXp Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "