Property Listing
Description
Unique triplex investment opportunity! Why rent when you can own and have tenants help pay your mortgage? This versatile property features three electrical meters, two gas meters, and separate electrical panels, offering excellent potential for income generation. The main-floor kitchen was updated approximately 10 years ago, and the upper-level unit includes a kitchenette. With the addition of a full kitchen on the second floor, the upper level could function as a fully independent rental unit, creating even greater income potential. Tenants currently pay all utilities, including water, helping to maximize cash flow. The property also features beautiful original hardwood floors, classic leaded-glass windows, and a roof that was replaced approximately 15 years ago. Whether you're an owner-occupant looking to offset your housing costs or an investor seeking strong rental income, this property offers tremendous opportunity. It may also be well-suited for shared housing, room rentals, or other creative investment strategies. Excellent cash-flow potential!
Property Information
Status: Active
Sub Type: ********
List Price: $250,000
MLS#: 7141490
Current Price: $250,000
Address: 1489 Sherburne Avenue, Saint Paul, MN 55104
City: Saint Paul
State: MN
Postal Code: 55104
Geo Lat: 44.956843
Geo Lon: -93.163478
Subdivision:
County: Ramsey
Property Description
Year Built: 1911
Lot Size SqFt: 4791.6
Gen Tax: 10062
Specials Inst: 0
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area: 3098
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 3098
Style: Array
Total Bedrooms: 8
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: