Property Listing
Description
Investment opportunity in Saint Paul! Welcome to 306 King St W, a well-maintained triplex offering an excellent opportunity for investors or owner-occupants looking to build equity while generating rental income. This 2,226 sq ft property features three separate units with a total of 5 bedrooms and 3 bathrooms and an estimated $4,000/month in gross market rents. The property has benefited from numerous improvements designed to add value and reduce future maintenance, including newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, a high-efficiency furnace, updated flooring, insulated attic and crawlspace, and maintenance-free front decking. Shared laundry adds convenience for residents. Location is another major advantage. Enjoy convenient access to downtown Saint Paul, public transportation, parks and recreation, restaurants, shopping, entertainment, and everyday amenities. The property is also well positioned for access to major roadways, making commuting throughout the Twin Cities convenient. Nearby employment centers, schools, neighborhood businesses, and Saint Paul's many cultural and entertainment destinations add to the area's rental appeal. Whether you're an investor looking to add a three-unit income-producing property to your portfolio or an owner-occupant interested in living in one unit while collecting rent from the others, this property offers flexibility, valuable updates, and excellent income potential. Three units. Great location. Approximately $4,000/month in gross market rent potential. Don't miss this Saint Paul investment opportunity — schedule your showing today!
Property Information
Status: Active
Sub Type: ********
List Price: $389,999
MLS#: 7127796
Current Price: $389,999
Address: 306 King Street W, Saint Paul, MN 55107
City: Saint Paul
State: MN
Postal Code: 55107
Geo Lat: 44.927375
Geo Lon: -93.098518
Subdivision: Dawsons Add
County: Ramsey
Property Description
Year Built: 1888
Lot Size SqFt: 7405.2
Gen Tax: 7840
Specials Inst: 0
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area: 2226
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 2226
Style: Array
Total Bedrooms: 5
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: