Property Description

This thoughtfully updated 4-plex presents an outstanding opportunity for both investors and owner-occupants, ideally located just minutes from the University of St. Thomas and convenient transit lines. Unit 2 is currently vacant, providing the perfect opportunity to owner-occupy while generating rental income from the remaining three units, or to lease the unit at current market rates for immediate cash flow. All four units have been extensively renovated while preserving the property's timeless character, highlighted by original built-in buffets and rich woodwork throughout. Updated interiors feature granite countertops, gas cooktops, stainless steel appliances, remodeled bathrooms, and newer windows, creating an attractive blend of classic architecture and modern finishes. Additional improvements include a high-efficiency boiler and updated laundry equipment, supporting efficient operation and tenant convenience. The dry, unfinished basement offers ample storage and potential for future expansion. Situated in the highly desirable Merriam Park/Union Park neighborhood and just steps from the vibrant Grand Avenue corridor, this property combines historic charm, quality renovations, and exceptional flexibility for both investors and owner-occupants in one of St. Paul's most sought-after locations.