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$364,500

23 Acker Street W, Saint Paul, MN 55117

  • 4 beds |
  • 4 baths |
  • 2,808 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $130/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

St. Paul 4plex. Great opportunity for investors or owner occupant buyers looking for rents that pay the mortgage. Unit #1 is vacant with 2 bedrooms and ready for occupancy with an estimated rent value of $1,600 per section 8 payment standard. Unit #2 is an efficiency rented for $1,145 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.

Listing Status:
Active
Listing Office:
Bridge Realty, LLC : 952-368-0021
MLS ID:
6825199
  • Basement: PartialShared Access
  • Heating: BaseboardForced Air
  • General: Two
  • Originating MLS: northstar
  • School District: St. Paul
  • County: Ramsey
  • Zoning: 302922340012
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Bridge Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Paul & Sheila Wellstone Elementary School

1041 Marion St, Saint Paul, MN, 55117

Grades PK-6

0.75 miles away

A

Area Learning Center Gateway to College

235 Marshall Ave, Saint Paul, MN, 55102

Grades 8-12

1.15 miles away

A

Area Learning Center Gateway to College

235 Marshall Ave, Saint Paul, MN, 55102

Grades 8-12

1.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.