Pending
40 more
Presented By: Keller Williams Realty Integrity
Prime Student Rental Investment Opportunity! Or owner occupy with solid revenue stream! Has been traditionally rented to UST students. Discover this beautifully updated, traditional two-story duplex, located in the highly sought-after Merriam Park/Lexington-Hamline neighborhood. Just four blocks from St. Thomas University, this property offers a rare chance to own a profitable investment in a prime student rental market. The first-floor unit is 3 spacious bedrooms and 1 updated bathroom. The upper-level unit is a large 6-bedroom, 2-bathroom space spread across the 2nd and 3rd floors, perfect for larger groups of tenants. Recent improvements include: brand-new kitchens in both units featuring modern cabinets, sleek quartz countertops, and updated appliances; refinished original oak and birch hardwood floors to light, natural tone; stylish bathroom upgrades with new wall tile, vanities, flooring, and accessories; freshly painted and stained surfaces throughout, paired with new carpeting and light fixtures. Updated mechanicals for long-term peace of mind. Open style kitchen/dining and gathering rooms warmed by many large windows in both units. Generous outdoor spaces/yard with updated landscaping for easy maintenance. Your tenants will love the inviting open front porch and a screened upper porch. Parking/driveway for 4 or more vehicles. Easy access to public transit and nearby amenities, making it a highly desirable for renters. This property blends modern convenience with historical charm and a solid income-producing investment opportunity. Ready to add to your portfolio today!
Presented By: Keller Williams Realty Integrity
Above Grade Finished Area2937
BasementFull, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area25
FuelNatural Gas
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesPorch
CitySaint Paul
Construction MaterialsWood Siding
ContingencyNone
CountyRamsey
DirectionsFrom Fairview Ave. N, turn west onto Selby Ave.
Electric Expense1080
Fuel Expense1080
Garage Spaces
Gross Income81000
HeatingBoiler
High School DistrictSt. Paul
Insurance Expense1800
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Lot Size UnitsAcres
MaintenanceExpense1000
NST_SqFtTotal4178.00
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense4800
OwnerPaysInsurance, Grounds Care, Repairs, Snow Removal, Taxes
PostalCitySaint Paul
Property SubTypeDuplex Up and Down
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusPending
Tax Annual Amount10008
Tax Year2024
Tenant PaysAll Utilities, Cable TV
TopographyLevel
Trash Expense987
Water Sewer Expense1600
Year Built1909
Zoning DescriptionResidential-Multi-Family
Foundation Area1241
Lot Dimensions50x150
Lot Size Area0.17
Parking FeaturesConcrete
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water - In Street