$520,000
$530,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
2,725 SqFt
SOLD DATE : 09/30/2021
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,725 sqft
Price per Sqft $190
Subdivision Merriam Park, , Ramsey Co, Min
MLS Listing ID 6007324
Sold Date 09/30/21
Year Built 1890
Annual Tax Amount $8,664
Tax Year 2020
Contingent None
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50x150
Property Description
Rare Merriam Park fourplex in excellent shape! This property is located near many desirable colleges, shops, and restaurants. Your tenants will love the walkability, quiet street, and plentiful parking. Huge beautiful lot with space for 3-4 uncovered cars in the back or build a large garage. Brand new forced air furnace, permit was just finalled. Central air addition possible for whole-house AC and higher rents. Extremely solid construction. Level floors. Mostly new plumbing throughout, newer tilt wash vinyl windows, and a 1000 square foot, dry basement ready for tenant storage or finishing. Ten year old roof, vinyl siding, and metal window wrap as well. Unit composition: two studios, one large 1 bedroom, and one large 2 bedroom. The tenants are longer-term and are very high quality. $3890/month gross income.
Location
State MN
County Ramsey
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Spaces 1.0
Building
Story More Than 2 Stories
Foundation 1080
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Wood Siding
New Construction false
Schools
School District St. Paul
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