Sold: Saint Paul MLS# 6005213
Sold
$365,000 (list price)
$385,000
Multi-family: Triplex
Built 1910
2,616 sqft•0.14 acres
St. Paul schools
MLS# 6005213
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Property Description
Incredible investment opportunity in the heart of Como. This well-maintained triplex boasts 2, 616 finished square feet with tons of storage and charm. With over $100, 000 worth of recent upgrades, this triplex is turn-key and ready for immediate income. The main-floor unit is currently owner-occupied and the upper and lower units are currently rented month-to-month. Coin laundry is located in the lower level and provides approximately $150/month in income. Current rental income (including the main unit) is approximately $36, 000/year! Enjoy the freedom of your mortgage paid for by your tenants while owner-occupying or passive income over the years by renting out all units. Welcome to 724 Como Ave.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$365,000
Sold Price:
$385,000
Sold Date:
07/30/2021
Price per sq ft:
$140
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
1910
State:
MN
Property Style:
Triplex
Zip Code:
55103
Neighborhood/Area:
Como
Interior
Finished Area:
2,616 ft2
Living Area:
2,616 ft2
Above Ground Living:
2,151 ft2
Below Ground Living:
465 ft2
Total Ranges:
Three
Total Refrigerators:
Three
Basement Details:
- Block
- Egress Window(s)
- Finished
- Full
Exterior
Garage Spaces:
4
Heating System:
Boiler
Foundation Size:
1,086 ft2
Handicap Accessible:
None
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
- Aluminum Siding
- Vinyl Siding
Roof Details:
Asphalt
Lot
Acres:
0.14
Geolocation:
44.97197494, -93.13033605
Lot Dimensions:
40 x 150 x 40 x 150
Dev/Complex Name:
Ware & Hospes Addition, To St
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,880
Annual Fuel Expense:
$1,880
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
$957
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel, Water
Financial & Taxes
Tax Year:
2020
Annual Taxes:
$3,696
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,696
Income
Annual Gross Income:
$36,000
Misc. Monthly Income:
$2,000
Unit
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.