UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 3,532 sqft
Price per Sqft $127
Subdivision Wood Lawn Park Add To, St
MLS Listing ID 7041832
Bedrooms 7
Year Built 1908
Annual Tax Amount $7,334
Tax Year 2025
Contingent None
Lot Size 6,185 Sqft
Lot Dimensions 50X124
Property Sub-Type Duplex Side by Side
Property Description
The seller is willing to offer a 5-year Contract for Deed at just 5% interest with 10% or more down, giving investors or owner occupied buyers an attractive alternative to conventional financing.
Unit 1636 currently rents for $2,240/month and features original hardwood floors, beautiful period trim and moldings, and a main-floor half bath. Then comes the surprise: tucked away on the third floor behind an entrance that feels almost like a hidden closet door is an enormous 33x33-foot vaulted loft, Studio, office, recreation room, entertainment space, creative retreat... this is a room looking for its next idea.
Next door, Unit 1638 generates another $1,700/month, bringing current combined rents to $3,940/month.
Add a premium Owens Corning 25-year roof installed in 2019, newer detached 2-car garage, two additional parking spaces and generous open-rafter storage.
New "ready to go" price of $499,900, the seller is ready to get this property sold.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Unfinished
Interior
Heating Gravity, Radiant
Fireplace No
Exterior
Parking Features Detached Garage, Asphalt
Garage Spaces 2.0
Fence Partial, Wood
Pool None
Roof Type Age 8 Years or Less
Building
Lot Description Corner Lot
Story Two
Foundation 1454
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stone
New Construction false
Schools
School District St. Paul
Nearby Locations
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