$140,000
$159,800
12.4%For more information regarding the value of a property, please contact us for a free consultation.
565 Thomas AVE Saint Paul, MN 55103
1,772 SqFt
Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,772 sqft
Price per Sqft $79
Subdivision Michels Sub Of Blk 5
MLS Listing ID 6354977
Sold Date 05/08/23
Year Built 1915
Annual Tax Amount $3,156
Tax Year 2023
Contingent None
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 32X 124
Property Sub-Type Duplex Up and Down
Property Description
CASH BUYERS ONLY. Ideal buyer would want to hold as long term rental, after repair value 275-325 K or HIGHER with 36K a year income ! Great ROI ! Property is a multi-unit building with two mirrored units, each with three bedrooms 1 bath. Each unit has a living/dining room, kitchen, and bathroom towards the back. Two bedroom in each unit are smaller with closets while the largest third bedroom/living room has plenty of wall space for wardrobe and nice bay windows facing the front. The main unit has newer LVP flooring and mild popcorn ceilings while the upper unit has older tiled ceilings and wood flooring that could be refinished. Kitchen and bath in upper unit need new LVP. Off-street parking available. Exterior needs work and paint. Property was vandalized and needs new copper in basement, boilers, and hot water heaters. Two front porches add to curb appeal. Income is based on owner's past rental history of $ 1497 per unit. REFI AFTER REHAB !
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Open
Fence None
Roof Type Asphalt,Pitched
Building
Story Two
Foundation 886
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Wood Siding
New Construction false
Schools
School District St. Paul
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