$829,999

1599 Rice Street, Saint Paul, MN 55117

  • 5,230 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2004
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $159/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a .21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages. PROPERTY HIGHLIGHTS : Built in 2004 with modern amenities throughout Individual HVAC systems for each unit In-unit washer/dryer connections Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage 4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit) Excellent condition with minimal deferred maintenance Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)

Listing Status:
Active
Listing Office:
Real Broker, LLC : 651-370-9026
MLS ID:
6728027
  • Basement: None
  • Heating: Forced Air
  • Parking: Attached Garage
  • General: Two
  • Originating MLS: northstar
  • School District: St. Paul
  • County: Ramsey
  • Zoning: 242923110128
  • Water: City Water - In Street
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mississippi Creative Arts Elementary School

1575 L Orient St, Saint Paul, MN, 55117

Grades PK-5

0.75 miles away

W

Washington Technology Magnet School

1495 Rice St, Saint Paul, MN, 55117

Grades 6-12

0.29 miles away

W

Washington Technology Magnet School

1495 Rice St, Saint Paul, MN, 55117

Grades 6-12

0.29 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.