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$385,000

1 Beds 2 Baths 1,900 SQFT 0.10 Acres
Type: Multi-Family

1368 7th Street E
Saint Paul, MN 55106

MLS#: 7145197
Kieran Houlahan
Kieran Houlahan
The Real Estate Advantage
Licensed in MN & WI
Phone: 612.323.7420
Office: 763.755.1100
Presented by: Kingwood Management

Property Description

 

Great opportunity to own a four-unit multi-family property in an established residential neighborhood, while being close to main thoroughfares and just minutes from downtown Saint Paul. This provides amazing convenience to residents and the new owner. Three of the four units are currently rented, providing an opportunity for a new owner to owner-occupy, remodel, or rent the unit to their first new resident. This property is being sold with owned coin-operated laundry machines, giving the buyer an additional source of income. The vacant unit is now being marketed for rent and is ready for move-in.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area1,100 sqft
BasementBlock, Partially Finished
Basement (Y/N)Yes
Below Grade Finished Area800 sqft
Foundation Dimensions35x40
FuelNatural Gas
Garage Dimensions0
Garage Door Width0 sqft
Garage Square Feet0
Laundry FeaturesIn Basement, Common Area

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Leased
Carport Spaces0
CitySaint Paul
Construction MaterialsBlock
ContingencyNone
CountyRamsey
DirectionsHeading east on HWY 94, take exit 243 for Mounds Blvd then turn right onto 7th St. E.
ElectricCircuit Breakers
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income37200
HeatingBoiler
High School DistrictSt. Paul
Insurance Expense3568
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area1,900 sqft
Lot Size UnitsAcres
MaintenanceExpense1115.67
New ConstructionNo
Number Of Units Total4
Operating Expense9445.5
PostalCitySaint Paul
Property SubtypeFourplex
Property TypeResidential Income
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameLorena Park 2
Tax Annual Amount$8,847
Tax Year2026
TopographyLevel
Trash Expense0
Water Sewer Expense758.87
Year Built1958
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,700 sqft
FencingPartial, Wood
Foundation Area1,400 sqft
Lot Dimensions40x110
Lot Size Area0 sqft
Parking FeaturesGravel
Road Frontage TypePaved Streets, Sidewalks
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$385,000

1 Beds 2 Baths 1,900 SQFT 0.10 Acres
Type: Multi-Family

1368 7th Street E
Saint Paul, MN 55106

MLS#: 7145197
Kieran Houlahan
Kieran Houlahan
The Real Estate Advantage
Licensed in MN & WI
Phone: 612.323.7420
Office: 763.755.1100