Beautiful original stucco 4 plex in the heart of Merriam Park/Union Park Saint Paul. This is under a mile to St Thomas and just 5 blocks to Macalester college, also close to Concordia, St Kates, Hamline and William Mitchell. Very large spacious 3 sided apartments that feel like duplex units with original buffets, charming woodwork and spacious closets. Each unit has potential to add a third bedroom to the apartment to really increase rental income bringing the total bedroom count to 12. Going rental rate in the neighborhood is $700 per bedroom. All units are leased 3 of the apartments have nice upgrades including refinished hardwood floors. New membrane roof, new laundry equipment and new high efficiency boiler. Dry unfinished basement with possible potential for expansion. Currently rents are below market. Steps to Whole Foods, Starbucks, mass transit and Grand Ave. Turn key investment opportunity in a highly desirable blue chip neighborhood.
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Listing information last updated on September 21st, 2019 at 6:20pm CDT.