Saint Paul, MN 55104,1157 Charles AVE
Saint Paul, MN 55104,1157 Charles AVE
Saint Paul, MN 55104,1157 Charles AVE
Saint Paul, MN 55104,1157 Charles AVE
Saint Paul, MN 55104,1157 Charles AVE
Saint Paul, MN 55104,1157 Charles AVE
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$335,000

$335,000

Est.Price: ?

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Est. payment /mo

1,386 SqFt


SOLD DATE : 07/01/2022

Key Details

Sold Price $335,000

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 1,386 sqft

Price per Sqft $241

MLS Listing ID 6195678

Sold Date 07/01/22

Year Built 1925

Annual Tax Amount $3,365

Tax Year 2021

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40x123

Property Description

Cash Cow Property or live for Free - Side-by-side duplex has simultaneously been running as a long- and short-term rental, producing a high annual income. 2018-2021 one side has operated as an Airbnb/VRBO while the other has operated as a long-term rental. In 2021 the short term grossed $31K in annual income while the other side operated as a long-term rental w/ $16k. Total gross annual income of $47K. Expenses will vary based on your involvement of operating, cleaning etc., & if you keep it running in this capacity or change it to all longer-term rentals. Someone could easily live here for free by operating the other unit as long term or short-term rental. Units are a mirror image of each other, cute, small, efficient, & easy to maintain. Units have private & separate outdoor spaces from one another. 2-car garage. NO current leases in place. Separate utility.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Detached, More Parking Offsite for Fee

Garage Spaces 2.0

Fence Wood

Roof Type Age Over 8 Years,Asphalt

Parking Type Detached, More Parking Offsite for Fee

Building

Lot Description Corner Lot

Story One

Foundation 1056

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Stucco

New Construction false

Schools

School District St. Paul

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Listed by Shane Montoya • Keller Williams Integrity RE

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