1350 Payne Avenue Saint Paul, MN 55130 (Pending)

$510,000 N/A N/A
Price Bedrooms Bathrooms
Price has dropped 7.3% since 4/30/2022 Price History
Status: Pending

MLS #: 6159825

Quadruplex Sq. Feet: 3400
On Site: 149 Days Lot Size: 0.08 Acres
Neighborhood: See All Properties for Sale in Payne-Phalen
DESCRIPTION
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Corner Lot Fourplex, GREAT BUILDING, WONDERFUL INVESTMENT with two Long Term Tenants, EXCELLENT OPPORTUNITY!! This is a MIXED-USE BUILDING (Res. + Comm.) WITH GREAT OPTIONS. The income before the pandemic was higher than the actual income. All Four Units have 2 Bedrooms & 1 Full Bath, Spacious Living room with lots of daylight and adjacent to the kitchen & dining room. All four units have been remodeled with new tiles and new fixtures, new paint and flooring throughout, plus new water heater and new laundromat washer & dryer since 2018. Laundry/utility room and storage are in the lower level with doors and security code - Three parking space are in the back of the building Plus available parking on streets - Convenient Location, Walking Distance to Phalen Park Arch Bridge, Park Golf Course, close to many parks & near bus line!!
ARCHITECTURE
Year Built: 1964
Stories: Split Entry (Bi-Leve
Style: Quadruplex
Construction Materials: Brick/Stone
Finished Above Grade Sq.Ft.: 1700
Finished Below Grade Sq.Ft.: 1700
Finished Total Sq.Ft.: 3400
Total Above Grade Sq.Ft.: 1700.0000
Total Main Sq.Ft.: 1700.0000
Total Below Grade Sq.Ft.: 1700.0000
Total Sq.Ft.: 3400.00
Roof: Age Over 8 Years, Asphalt
Basement: Finished, Full
FEATURES / AMENITIES
Approx. Sq. Ft.: 3400
Garage Dimensions: 0 sq.ft.
Heating: Boiler
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.08 Acres
Lot Dimensions: 111x33
Lot Features: Public Transit (w/in 6 blks), Corner Lot
Parking Features: Asphalt, Open
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street, Paved Streets
Zoning: Business/Commercial,Residential-Multi-Family
Directions: Maryland Ave. to Payne Ave, north to home.
COMMUNITY, TAX AND RELATED INFO
School District: St. Paul
County: Ramsey
Tax Year: 2022
Tax Annual Amount: $10, 273
Water / Sewer Expense: $1, 200
Maintenance Expense: $360
Fuel Expense: $234
Electric Expense: $200
Insurance Expense: $3, 157
Manager Expense: $840
Trash Expense: $3, 600
Gross Income: $48, 960
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Listing Information Last Updated 9/25/2022
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Property Summary

1350 Payne Avenue
Saint Paul, MN 55130

MLS®: 6159825

List Price: $510,000

Description:

MLS # 6159825: This property at 1350 Payne Avenue, Saint Paul, MN 55130 is located in the Payne-Phalen subdivision and is listed for $510,000. MLS # 6159825 has been on the market for 148 days.