3,322 SqFt
3,322 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,322 sqft
Price per Sqft $138
Subdivision Humphreys Add To, Saint P
MLS Listing ID 6679164
Year Built 1905
Annual Tax Amount $6,757
Tax Year 2024
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 138x 45
Property Sub-Type Duplex Up and Down
Property Description
This fully renovated, cash-flowing duplex brings in over $50,000 annually and offers serious upside. Situated on a large lot with room to add a detached garage, increasing rents even further is well within reach.
Key Highlights:
CAP Rate: 8% where the average for the area is much lower!
DSCR: 1.21 See supplements for the breakdown!
$$56,400 in Annual Income
New Roof in 2024
Major Renovation in 2012: New windows, siding, electrical, plumbing, and full interior remodel.
Functional Layout: 4BR lower unit and 5BR upper unit—high bedroom count means more rental income.
Updated Upper Unit in 2025: Fresh paint, updated modern kitchen, newer appliances, updated bath, in-unit washer/dryer.
Updated Lower Unit in 2025: Retiled the lower level bathroom. Long term tenant in lower level.
Reliable Cash Flow: Long-term tenant in the lower unit, recently rented upper unit with solid rent history.
Turnkey & Low Maintenance: All major systems and mechanicals have been updated.
This property checks all the boxes for a savvy investor—strong returns, low maintenance, and growth potential. Don't miss out on one of the best cash-flowing duplexes available!
Schedule your showing today before it's gone!
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Gravel, Driveway - Other Surface, Other
Roof Type Age 8 Years or Less
Building
Story More Than 2 Stories
Foundation 1315
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Engineered Wood
New Construction false
Schools
School District St. Paul