$725,000

2580 Ruth Street, Little Canada, MN 55117

  • 4,176 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $174/sqft
  • Property List Date Icon Listed 11 days ago

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).

Listing Status:
Pending
Listing Office:
Wits Realty : 612-444-5507
MLS ID:
6719335

This listing courtesy of Wits Realty

Location

Schools Nearby

L

Little Canada Elementary School

400 Eli Rd, Saint Paul, MN, 55117

Grades KG-6

0.81 miles away

M

Middle School Area Learning Center

15 County Road B2 E, Saint Paul, MN, 55117

Grades 7-8

0.31 miles away

R

Roseville Area High School

1240 County Road B2 W, Saint Paul, MN, 55113

Grades 9-12

2.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.