1599 Rice ST new

Saint Paul,MN 55117

$ 829999

- Bed

- Bath

5230 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,230 sqft

Price per Sqft $158

Subdivision Rice Street Villas

MLS Listing ID 6728027

Year Built 2004

Annual Tax Amount $12,228

Tax Year 2025

Lot Size 9,147 Sqft

Property Sub-Type Quadruplex

Property Description

Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a
.21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages.

PROPERTY HIGHLIGHTS :
Built in 2004 with modern amenities throughout
Individual HVAC systems for each unit
In-unit washer/dryer connections
Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage
4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit)
Excellent condition with minimal deferred maintenance
Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Interior

Heating Forced Air

Exterior

Parking Features Attached Garage

Garage Spaces 4.0

Building

Story Two

Foundation 4004

Sewer City Sewer/Connected

Water City Water - In Street

Structure Type Vinyl Siding

New Construction false

Schools

School District St. Paul

Others

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