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$384,900

Est. payment - /mo

2,420 SqFt

Pending

1555 Mcafee ST Saint Paul, MN 55106

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Corey Nicholas Collins

c.collins@cordavii.com +1(612) 564-2491

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Pending

Purchase Type For Sale

Square Footage 2,420 sqft

Price per Sqft $159

Subdivision Lakeview Add 1

MLS Listing ID 6719567

Year Built 1967

Annual Tax Amount $5,544

Tax Year 2024

Contingent None

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 60x134x60x137

Property Sub-Type Duplex Side by Side

Property Description

Investment Alert! Seize this exceptional opportunity to own a meticulously maintained side-by-side duplex, ideally situated just five blocks from the recreational haven of Lake Phalen and backing directly onto the scenic Bruce Vento Trail! This income-generating property delivers immediate cashflow or the chance for owner occupancy. On one side, a spacious 3-bedroom, 1.5-bathroom unit is securely leased through August 2025, generating a solid $1,700 per month. The adjacent 2-bedroom, 1-bathroom unit offers flexible income with a month-to-month tenancy currently at $1,300 per month. Both units benefit from a convenient shared laundry area featuring a new washer and dryer (2019) and abundant dedicated storage space. This isn't just about location – significant recent investments ensure worry-free ownership. Imagine a resurfaced asphalt driveway (2021) leading to updated garage with new door openers, rails, springs and rollers (2019). Above, a brand-new roof, gutters, fascia, and soffit (2022) provide lasting protection. Inside, tenants enjoy comfort with new, efficient Furnace and A/C units installed in 2022, backed by an impressive 10-year parts & labor warranty! A 2019 radon mitigation system and updated windows add peace of mind. Plus, both units feature updated appliances, enhancing tenant satisfaction. Beyond the property itself, the location is unbeatable. Residents enjoy effortless access to the outdoor activities and beauty of Lake Phalen and can step directly onto the Bruce Vento Trail for biking, walking, and recreation. Adding to the investment appeal, the property holds a Rental License and Certificate of Occupancy valid through 2031, streamlining operations for the new owner. Don't miss this chance to acquire a turnkey investment property in a sought-after St. Paul location, offering immediate cashflow, recent high-value upgrades, and exceptional tenant appeal!

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Block, Daylight/Lookout Windows, Drainage System, Egress Window(s), Finished, Concrete, Shared Access, Storage/Locker, Storage Space, Sump Pump

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached

Garage Spaces 2.0

Fence Chain Link

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Some Trees

Story One

Foundation 1160

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Stucco

New Construction false

Schools

School District St. Paul

Others

Virtual Tour https://mls.ricoh360.com/17d72cfe-4fa4-49d8-916a-f1bfee5a9ff7

Listed by Jessica Luu • Northstar Real Estate Associates

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Corey Nicholas Collins

Agent | License ID: 20595053

+1(612) 564-2491

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1555 Mcafee ST Saint Paul, MN 55106

Corey Nicholas Collins

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1555 Mcafee ST