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$995,000
Est. payment /mo
8 Beds
7 Baths
4,748 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,748 sqft
Price per Sqft $209
Subdivision Cic 401 Kent House Condo
MLS Listing ID 7086068
Bedrooms 8
Year Built 1889
Annual Tax Amount $4,946
Tax Year 2025
Contingent None
Lot Size 8,319 Sqft
Lot Dimensions 71x118
Property Sub-Type Fourplex
Property Description
Rare opportunity to own a 4-unit investment property in one of Saint Paul's most sought-after neighborhoods. Located in Cathedral Hill, steps from Grand Avenue's premier dining and shopping and Summit Avenue's historic boulevard, this well-maintained building offers a great opportunity. Each unit is individually metered with tenants paying their own gas and electric, keeping operating costs lean. All four units an assigned garage stall. Recent capital improvements include updated kitchens and baths, new HVAC and AC units per unit, new decks installed in 2023, and a replaced roof. Occupied with long-term tenants and a strong rental history. The property's condominium structure also creates potential future upside for individual unit sales. Investors will find it difficult to replicate this combination of location, condition, and cash flow at this price point in the Saint Paul market.
Location
State MN
County Ramsey
Rooms
Basement Other
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Spaces 4.0
Building
Story Two
Foundation 4748
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District St. Paul
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Listed by Stephanie Chandler • Compass
NEARBY SCHOOL & BUSINESS
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