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Description

A wonderful opportunity for the buyer/investor with deep financial pockets, rehabilitation acumen and a vision. The property is a legal triplex with the City of St. Paul. Let's begin with the BENEFITS and OPPORTUNITIES: legal triplex, newer vinyl siding (2024), newer roof (2024), quiet, non-through street, 1,500 feet (1/3 mile - walking distance) to the Light Rail Fairview Station, 9 blocks to Allianz Field, Under 10 minute drive to nearly every necessary shopping need, restaurants, U of M, University of St. Catherine, University of St. Thomas, Concordia University, Macalester College, I-94. 15 minutes or less to both downtown Minneapolis and St. Paul. CHALLENGES this property presents: significant deferred maintenance will require a substantial cash investment to return it to rentable condition. DO NOT USE the back stairway from the back yard to access the 2nd floor unit. Boiler is old, two electrical services panels (both are fuse-style), garage will most likely need to be razed (then rebuilt or possibly use that area for off-street parking). Easy to show. Easy to purchase. Nice winter project to have it set for the spring rental market. Property is being sold AS-IS.



Property Information

Status: Active
Sub Type: ********
List Price: $249,900
MLS#: 6780533
Current Price: $249,900
Address: 406 Beacon Avenue, Saint Paul, MN 55104
City: Saint Paul
State: MN
Postal Code: 55104
Geo Lat: 44.953437
Geo Lon: -93.175554
Subdivision: Lovering's Addition
County: Ramsey

Property Description

Year Built: 1911
Lot Size SqFt: 6144
Gen Tax: 5390
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 2928
Style: Array
Total Bedrooms: 5
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 1
Waterfront:

Property Features

Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities:

701.239.0015

1133-A Harwood Drive, Fargo, ND 58104

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