$469,000
$465,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
4,288 SqFt
SOLD DATE : 10/08/2020
Key Details
Sold Price $469,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,288 sqft
Price per Sqft $109
Subdivision Brookvale 2Nd Add
MLS Listing ID 5642000
Sold Date 10/08/20
Year Built 1980
Annual Tax Amount $7,922
Tax Year 2019
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 77 x 123
Property Description
CASH COW! It's not often you can find a nice place at a 10 cap rate in the city. Each unit has it's own boiler, hot water heater, and their own washers/dryers. One washer/dryer set is owned by tenant, the other three by owners.
Tenants care about where they live and keep their units looking great! They pay their own electric/gas. Many updates throughout and all units are in great condition!
This building brings in $60,000/year in rent! There is a two car garage in the back that is not currently being utilized. Rent it out for an extra $50/stall and add another $1,200/year in profit.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Full, Finished
Interior
Heating Baseboard
Fireplace No
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Story One
Foundation 2144
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Stucco,Brick/Stone
New Construction false
Schools
School District St. Paul
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