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Property Listing

Description

Exceptional house hack and investment opportunity in the heart of Merriam Park. This unique duplex offers 6 bedrooms, 4 bathrooms, 3 kitchens, and 3 finished levels, providing outstanding flexibility for owner-occupants, investors, or multi-generational living. There is also potential for a future triplex conversion with minimal modifications (buyer to verify all city and zoning requirements). The lower-level unit features 2 bedrooms and 2 bathrooms and is occupied on a month-to-month basis at $1,800/month, providing immediate rental income. The expansive upper unit offers 4 bedrooms, 2 bathrooms, and spans two levels with 2 kitchens and private exterior decks on each level. The upper unit will be delivered vacant at closing, allowing a new owner to move right in, house hack, or lease the unit at an estimated $2,600-$2,700/month market rent. Numerous capital improvements have been completed in recent years, including quartz countertops, kitchen cabinetry, renovated bathroom shower and vanity, updated flooring, replacement windows, stained decks, upgraded electrical panel, new concrete front steps, newer foundation, and a new boiler & water heater installed in 2022. Located in a prime Merriam Park location near Allianz Field, Concordia University, shops, restaurants, transit, and downtown Saint Paul. Additional amenities include a fenced backyard, detached garage stall with a private lockable storage room, and multiple outdoor living spaces. Opportunities to acquire a turn-key owner-occupant or investment property with this combination of location, flexibility, and income potential are rare.



Property Information

Status: Active
Sub Type: ********
List Price: $450,000
MLS#: 7109217
Current Price: $450,000
Address: 1462 Carroll Avenue, Saint Paul, MN 55104
City: Saint Paul
State: MN
Postal Code: 55104
Geo Lat: 44.950026
Geo Lon: -93.162131
Subdivision: Macalester View Addition, To Th
County: Ramsey

Property Description

Year Built: 1900
Lot Size SqFt: 7405.2
Gen Tax: 7706
Specials Inst: 0
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area: 1933
Below Grade Finished Area: 413
Below Grade Unfinished Area:
Total SqFt.: 3033
Style: Array
Total Bedrooms: 6
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 1
Waterfront:

Property Features

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

701.239.0015

1133-A Harwood Drive, Fargo, ND 58104

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