6 Beds
2 Baths
2,550 SqFt
6 Beds
2 Baths
2,550 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $200
Subdivision Gillettes Add To, Woodlaw
MLS Listing ID 6807611
Bedrooms 6
Year Built 1926
Annual Tax Amount $5,822
Tax Year 2025
Contingent None
Lot Size 5,662 Sqft
Lot Dimensions 46x124
Property Sub-Type Duplex Up and Down
Property Description
Recent Capital Improvements (See Schedule in MLS): New boilers ensuring reliable heating, updated water heaters, new roof protecting your investment, energy-efficient windows throughout, and enhanced insulation reducing utility costs. These strategic upgrades translate to reduced capital expenditure risk and stronger NOI.
Investment Highlights: Strong rental demand near Hamline University, Allianz Field, and Green Line light rail. Separate utilities simplify expense allocation. Spacious basement presents potential third-unit conversion opportunity (buyer to verify requirements with City of St. Paul). Owner-occupancy financing available making for a great House-Hack opportunity.
Location Advantages: 0.3 mi to Metro Green Line, walking distance to local amenities and dining, easy I-94 access, established neighborhood with low vacancy rate.
Whether envision living in one unit while rental income offsets a mortgage, or value-add to maximize returns, the foundation for success is with this one.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Full, Shared Access, Storage/Locker, Storage Space, Unfinished
Interior
Heating Boiler
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Roof Type Age 8 Years or Less
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot
Story Two
Foundation 1275
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District St. Paul
Schools and Properties Nearby
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