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$429,000
/mo Edit
Multi-family:  Triplex
5 br • 3 ba • Built 1925
2,212 sqft • 0.172 acres
South St. Paul schools
MLS# 7071946
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    Property Description

    Excellent investment, house hack, or multi-generational living opportunity in the heart of South St. Paul! With an easy access to major highways, local coffee shop, and the schools. This updated triplex features three updated rental units with strong income potential and modernized interiors throughout. All three units have undergone renovations to modernize the units. Solid long term tenants with new tenant moving into the main unit at the first of the month. Exterior features include a detached garage, asphalt driveway, and additional off-street parking. Conveniently located near local restaurants, coffee shops, parks, Mississippi River trails, shopping, and quick access to Hwy 52 and I-494. Whether you're looking to owner-occupy or expand your investment portfolio, this turnkey multifamily property is a fantastic opportunity with excellent rental potential.

    Listing

    Contingency: None
    Price per sq ft: $194
    City: South Saint Paul
    County: Dakota
    State: MN
    Property Style: Triplex
    Zip Code: 55075
    Subdivision Name: Hepburn Park

    Interior

    Living Area: 2,212 ft2
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 16x20
    Garage Size: 320 ft2
    Foundation Size: 1,026 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Shared Amenities: Laundry
    Exterior Material:
    • Brick
    • Frame

    Lot & Land

    Acres: 0.172
    Geolocation: 44.889288, -93.04405
    Lot Dimensions: 60 x 125
    Zoning: Residential-Multi-Family

    Schools

    School District: 6
    District Phone: 6514579400

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,538
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,538

    Income

    Annual Gross Income: $56,220

    Units

    Total Units: 3

    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.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Synergy.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.