23 Acker Street W,Saint Paul, MN 55117
Saint Paul, MN 55117
Description
St. Paul 4plex. $4,766 in monthly rental income. Great opportunity for investors or owner occupant buyers looking for rents that pay the mortgage. Unit #1 is a two bedroom rented for $1,565 per month ( $1,470 subsidized by section 8) and is exempt from rent stabilization. Unit #2 is an efficiency rented for $1,179 per month fully subsidized by Housing Support and exempt from rent stabilization. Unit #3 is a one bedroom rented for $750 per month with a long-term market tenant. Unit #4 is a one bedroom rented for $1,272 per month fully subsidized by Section 8 and exempt from rent stabilization. Occupy one unit and collect rents to pay your mortgage or rent out all 4 units for a high return. The property presents the opportunity for big cash flow with big upside, priced with room to build equity immediately. In addition to the 4 units, the building has a partially finished attic with plenty of ceiling height that provides an opportunity to expand existing units or possibly add a 5th unit. Electric meters are separate and billed directly to tenants. Owner pays gas water and trash.
Details
| MLS # | 6825199 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 257 |
| Listing Provided By | Bridge Realty, LLC | Christopher Cornet |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,808 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.10 |
Interior
| Heating | Baseboard, Forced Air |
|---|
Taxes
| Property | 5319 |
|---|
Area Information
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55117 |
| Area | 97 |
| School District | 625 |
| High School | St. Paul |
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55117 |
| Area | 97 |
| School District | 625 |
| High School | St. Paul |
