Pending: Saint Paul MLS# 7031938
Pending
$499,999
Multi-family: 2 Stories
4 br • 4 ba • Built 1922
4,848 sqft • 0.061 acres
MLS# 7031938
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Property Description
Well-maintained 4-plex in Saint Paul located at 194 Lexington Pkwy N, featuring four 1-bedroom, 1-bath units. All units are currently occupied, offering immediate rental income and a strong opportunity for an investor looking to add a fully leased multi-family property to their portfolio. Great opportunity to own an income-producing asset in a desirable Saint Paul location.
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$499,999
Price per sq ft:
$103
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1922
State:
MN
Property Style:
2 Stories
Zip Code:
55104
Neighborhood/Area:
101
Subdivision Name:
Rogers Add To, St Paul
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
4,848 ft2
Living Area:
4,848 ft2
Refrigerators:
Four
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,616 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
On-Street Parking Only
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
- Brick
- Stone
Rooms
Laundry:
- Common Area
- In Basement
Lot & Land
Acres:
0.061
Geolocation:
44.947243, -93.146245
Lot Dimensions:
Irregular
Zoning:
Residential-Multi-Family
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
$750
Annual Electric Expense:
$3,616
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,468
Annual Maintenance Expense:
$850
Annual Trash Expense:
$1,100
Annual Water/Sewer Expense:
$3,066
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$9,591
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$10,456
Income
Annual Gross Income:
$51,696
Rent
Annual Net Income:
$29,196
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.