Welcome home to this owner-occupied 4-unit property in the Merriam Park neighborhood in a perfect location between St Thomas University, downtown St. Paul, and downtown Minneapolis. This multi-family home has been well-loved and maintained by the same owner for over 15 years. Current rents are below market, and with renting out the owner's apartment, you should be able to be at a cap rate near 6%. Owner's apartment includes in-unit laundry, a steam shower, a sunroom, new windows, and 2 bedrooms. Charming entry way and hearth room, along with laundry room space in lower level are the shared amenities. Roof and boiler is approximately 3 years old. One car garage is used by owner. On street parking for tenants. Is available to close within 30-60 days. Ready to move-in and enjoy!
Listing courtesy of Krista J. Wolter, Coldwell Banker Realty
