Listed By
Agency Name: LaBelle Real Estate Group Inc
Agency Phone: 651-705-0166
Shown By
Agent Name: Kris Telkamp
Agent Phone: (320) 808-0162
Agency Title: Counselor Realty
Updated Dayton's Bluff duplex offering flexibility for an owner-occupant, investor, or a combination of both. Live in one unit and collect rent from the other, or lease both units for a fully income-producing property.The duplex features a rare main-floor three-bedroom, one-full-bath unit and an upper-level one-bedroom, one-bath unit. The newly renovated main-floor unit will be vacant at closing, giving the buyer the option to move in or select a tenant and establish a new lease at current market rent.The upper unit is occupied by the same long-term tenant of more than 15 years at $810 per month, providing rental income from day one. The seller estimates market rent for the main-floor three-bedroom unit at $1,800?$2,000 per month. At full occupancy, projected gross income is $2,610?$2,810 per month, or $31,320?$33,720 annually. The seller projects a cap rate of approximately 14%+ at the current asking price. Buyers and agents should independently verify rents, expenses, and financial projections.Recent improvements include a complete renovation of the main-floor kitchen with new cabinets and flooring in 2025, a newer roof and boiler installed in 2020, and lower-level windows replaced in 2019.Additional features include hardwood floors, a formal dining room, in-unit laundry, a newer deck, a private landscaped backyard, a two-car detached garage, and two additional parking spaces.Motivated seller seeking a quick close.
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Estimated Payment
$ 1,526.83 per month $1,080.45 Principal & Interest $387.17 Property Tax $59.21 Homeowner's InsuranceThank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
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894 Beech Street | MLS# 7121139
This multi-family property located at 894 Beech Street , Saint Paul, MN 55106 is currently listed for sale with an asking price of $203,000. Beech Street is located within the St. Paul school district. Search Saint Paul real estate on ktelkamp.counselorrealty.com today.