$385,000
$385,000
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2,638 SqFt
SOLD DATE : 12/23/2024
Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,638 sqft
Price per Sqft $145
Subdivision John A Cokes Add To, St
MLS Listing ID 6633562
Sold Date 12/23/24
Year Built 1948
Annual Tax Amount $5,160
Tax Year 2024
Contingent None
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 70x125
Property Description
This 1940s triplex offers a great investment opportunity or the perfect owner-occupied home with rental income. Situated on a double lot, this property has 5 beds, 3 baths, 2 car detached garage and 1 car attached garage. Several major updates have been completed over the past 2 years. New roof (2023), new plumbing in all units (2024), new deck (2024), fully renovated lower unit (2024) and a newer boiler. The lower level is a 1-bed/1-bath unit and is currently vacant. The 1st floor is a 2-bed/1-bath unit occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit is a 2-bed/1-bath and rents for $1,100 per month with a lease through March 2025. Don't miss this rare opportunity to own a triplex with stable cash flow and recent updates—ideal for both investors and owner-occupants looking to offset their mortgage with rental income.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Finished, Full, Walkout
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Attached Garage, Detached
Garage Spaces 3.0
Roof Type Age 8 Years or Less
Building
Story One and One Half
Foundation 1011
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Metal Siding,Vinyl Siding
New Construction false
Schools
School District St. Paul
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