Property Description

This property is ready to house hack! Owner occupy and get into Real Estate investing with 1 unit freshly remodeled. New floor, appliances, and painted. Well-built four-plex in Railroad Island, one of Saint Paul’s most actively reinvested pockets. Sits a short walk from the Village on Rivoli — the largest new single-family home development the city has seen in decades — plus the Rivoli Bluff urban farm and orchard, Swede Hollow Park and the Bruce Vento Trail. New roof and new gutters in 2025. Long-term tenants and a stabilized rent roll with a mix of self-pay and voucher-assisted income. 431 Mount Ida, second floor, opens October 1 — move in and house hack while the other three units carry the note. Genuine upside for a visionary buyer: build out rentable storage in the basement, frame an additional bedroom below grade, and add up to two bedrooms on each top floor to take those units from 2BR to 3–4BR (buyer to verify egress and permitting with the City of Saint Paul). All tenants have been notified of the pending sale and several have expressed interest in staying. Easy to rent, easy to hold.