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$725,000
Est. payment /mo
4,176 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,176 sqft
Price per Sqft $173
Subdivision Hilltop Add
MLS Listing ID 6719335
Year Built 1983
Annual Tax Amount $9,490
Tax Year 2024
Contingent None
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 0.430/18,731
Property Sub-Type Quadruplex
Property Description
A potential cash cow! Annual Gross Income of over $83k, with opportunity to increase! 3 of the 4 units in this building have been renovated, with the 4th vacant and ready to upgrade! This property provides a history of great rents and the ability to increase value even more through the renovation of the 4th unit, which does need some TLC. Many of the building's major systems have been updated in the past 6 years including most of the water heaters, HVAC systems and appliances. At nearly a 1% rule, and on a road mixed with single family and multifamily, this property is a gem of Little Canada and your best option to own a 4plex outside of the big cities. Buy it as an owner occupant or as a full rental, either way its primed to be a great addition to any new owner! Two vacant units are available to tour: 2578 (Upper Right), 2576 (Lower Left).
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 6.0
Building
Story Two
Foundation 2088
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Roseville
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Listed by Eric Beise • Wits Realty