$ 364,500
-
$364,500
Price -
4
Bed -
4
Bath -
2,808
SqFt -
0.1
Acre
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About the Listing 10982 - 506009867
St. Paul 4plex. $4,766 in monthly rental income. Great opportunity for investors or owner occupant buyers looking for rents that pay the mortgage. Unit #1 is a two bedroom rented for $1,565 per month ( $1,470 subsidized by section 8) and is exempt from rent stabilization. Unit #2 is an efficiency rented for $1,179 per month fully subsidized by Housing Support and exempt from rent stabilization. Unit #3 is a one bedroom rented for $750 per month with a long-term market tenant. Unit #4 is a one bedroom rented for $1,272 per month fully subsidized by Section 8 and exempt from rent stabilization. Occupy one unit and collect rents to pay your mortgage or rent out all 4 units for a high return. The property presents the opportunity for big cash flow with big upside, priced with room to build equity immediately. In addition to the 4 units, the building has a partially finished attic with plenty of ceiling height that provides an opportunity to expand existing units or possibly add a 5th unit. Electric meters are separate and billed directly to tenants. Owner pays gas water and trash.
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2808
- Basement: Partial,Shared Access
- Other:
- Water: City Water/Connected
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 40x109
- Zoning: Residential-Multi-Family
- Roof:
- Others:
- Sewer: City Sewer/Connected
Financial Details
- Tax Amount: $5,320
- Taxes w/Assessments: N/A
- Tax/Property ID: 302922340012
- Tax Year: 2025
Payment Calculator
Monthly Payment
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23 Acker St W Saint Paul, MN 55117
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