$620,000
$639,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
1051 Arkwright ST Saint Paul, MN 55130
4,000 SqFt
Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $155
Subdivision Hendricksons Add
MLS Listing ID 6491504
Sold Date 04/29/24
Year Built 1911
Annual Tax Amount $9,096
Tax Year 2023
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 80x85
Property Description
Welcome to an enticing investment opportunity in St. Paul! This meticulously maintained 4-plex presents a prime chance for savvy investors seeking stable returns. Situated in a thriving rental market, this property boasts a consistent rental history, with all units currently leased, providing immediate cash flow. Each of the four units features three bedrooms, catering to tenants seeking ample living space. Additional income stream from on-site coin-operated laundry facilities, providing convenience to tenants while generating extra revenue. Enjoy predictable monthly income with minimal vacancy risks, supported by long-term leases and Section 8 subsidies. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking for a reliable income-generating asset, this 4-plex presents an exceptional opportunity to capitalize on the thriving rental market in St. Paul. Don't miss out on this chance to secure long-term financial success.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Partial, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached, Asphalt, Electric, Paved
Garage Spaces 2.0
Fence Privacy, Wood
Roof Type Age 8 Years or Less,Rubber
Building
Lot Description Corner Lot, Tree Coverage - Light
Story Two
Foundation 1200
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
New Construction false
Schools
School District St. Paul
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