$300,477
$285,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
1562 Ivy AVE E Saint Paul, MN 55106
2,205 SqFt
Key Details
Sold Price $300,477
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,205 sqft
Price per Sqft $136
Subdivision Section 22 Town 29 Range 22
MLS Listing ID 5733131
Sold Date 05/18/21
Year Built 1946
Annual Tax Amount $3,558
Tax Year 2020
Contingent None
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 297x60
Property Description
Multiple Offers received - Seller to review offers on Weds Apr 14th @ 12:00 p.m. - DUPLEX WITH FULL THIRD MOTHER IN LAW UNIT. The Mother in Law Unit and main floor have a ton of updates
throughout (see supplements for full detail of home upgrades).
Home has good bones and TONS of potential with an oversized lot — almost half an acre worth! This home
is near everything - parks, lakes, shopping, retail, etc. Rents are currently under market rate with
plenty of opportunity to increase in future. Landlord currently pays 25% for electricity and gas with
remainder divided by tenants per current agreement.
Upper level is a longer term tenant in 18 month lease through September 1st, 2022 @ $1,000 / mo. - Main floor 6 month lease renewed through September 1st, 2021 @ $1,080. MIL unit lease ends May 8th, in which unit will be
vacated for new tenant or owner occupant.
Overlapping Showings are allowed.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached, Asphalt, Shared Driveway, On-Street Parking Only
Garage Spaces 2.0
Fence Wood
Roof Type Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Medium
Story One and One Half
Foundation 1005
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Stucco
New Construction false
Schools
School District St. Paul
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