For Sale: Saint Paul MLS# 6718053
Active
$420,000
Multi-family: Triplex
Built 1909
2,002 sqft • 0.09 acres
St. Paul schools
MLS# 6718053
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Property Description
Excellent owner occupant or investor opportunity to own a fully updated triplex with two fully furnished Airbnb's in a great location near Allianz Field. The main floor + lower level apartment is 3 bedrooms, 2 baths, and features hardwood floors, new stainless steel appliances, quartz countertops, washer/dryer, dishwasher, fully updated bathroom with tile surround shower and an attached garage. The top floor of the home features two fully furnished 1 bedroom Airbnb's with separate exterior access. Roof was replaced in 2023.
Total gross annual revenue ~$73, 000 with avg gross monthly income per unit as follows:
Apt 1: $1, 925/month leased through 7/30
Airbnbs (2x): $2, 083/month avg gross revenue (additional monthly expenses for STR include cleaning & mgmt fees which avg $700/mo).
1541 Charles is a fantastic opportunity to add a cash flowing property to your portfolio or the perfect starter home to begin your investment journey.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$420,000
Price per sq ft:
$210
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
1
County:
Ramsey
Year Built:
1909
State:
MN
Property Style:
Triplex
Zip Code:
55104
Neighborhood/Area:
Hamline-Midway
Subdivision Name:
Hamline Syndicate Add, No3
Interior
Finished Area:
2,002 ft2
Living Area:
2,002 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Block
- Egress Window(s)
- Finished
- Full
- Single Tenant Access
- Storage Space
- Tile Shower
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
12x22
Garage Size:
264 ft2
Garage Door Height:
7
Garage Door Width:
8
Foundation Size:
672 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Electric
- Storage
Road Frontage:
City Street
Exterior Material:
- Shake Siding
- Wood Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.09
Geolocation:
44.957648, -93.165549
Lot Dimensions:
50 x 76
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
$23,000
Annual Electric Expense:
$600
Annual Fuel Expense:
$1,500
Annual Insurance Expense:
$2,300
Annual Maintenance Expense:
None
Annual Gross Expense:
$2,500
Annual Trash Expense:
$800
Annual Water/Sewer Expense:
$1,500
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,628
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,628
Income
Annual Gross Income:
$73,000
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Fox 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.