Property Listing
Description
This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity. The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.
Property Information
Status: Active
Sub Type: ********
List Price: $224,900
MLS#: 6819027
Current Price: $224,900
Address: 1221 Ross Avenue, Saint Paul, MN 55106
City: Saint Paul
State: MN
Postal Code: 55106
Geo Lat: 44.965898
Geo Lon: -93.048933
Subdivision:
County: Ramsey
Property Description
Year Built: 1923
Lot Size SqFt: 5842
Gen Tax: 2908
Specials Inst: 0
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 3016
Style: Array
Total Bedrooms: 4
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: