1051 Arkwright Street Saint Paul, MN $ 639,900
1051 Arkwright Street
$ 639,900
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1051 Arkwright Street

Saint Paul, MN, 55130
$ 639,900
Bedrooms12 Baths4.0 Sq 4,000

Monthly Estimate*

$ 4,470

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Multi-Family Home for sale in Saint Paul, MN

for $639,900 with 12 bedrooms and 4 full baths. This 4,000 square foot home was built in 1911 on a lot size of 0.16.

Welcome to an enticing investment opportunity in St. Paul! This meticulously maintained 4-plex presents a prime chance for savvy investors seeking stable returns. Situated in a thriving rental market, this property boasts a consistent rental history, with all units currently leased, providing immediate cash flow. Each of the four units features three bedrooms, catering to tenants seeking ample living space. Additional income stream from on-site coin-operated laundry facilities, providing convenience to tenants while generating extra revenue. Enjoy predictable monthly income with minimal vacancy risks, supported by long-term leases and Section 8 subsidies. Whether you're a seasoned investor seeking to expand your portfolio or a newcomer looking for a reliable income-generating asset, this 4-plex presents an exceptional opportunity to capitalize on the thriving rental market in St. Paul. Don't miss out on this chance to secure long-term financial success.

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Multi-Family Pending

Price

$ 639,900

Bedrooms

12

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,096

Style

Quadruplex

Lot Size

0.16

Year Built

1911

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

6491504

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less Rubber
Garage Spaces 2
Construction Materials Brick/Stone
Year Built 1911
Electric Circuit Breakers
Tenant Pays Cable TV Electricity Fuel
Levels Two
Property SubType Quadruplex
Tax Year 2023
Gross Income 85872
Accessibility None
County Ramsey
Operating Expense 26602
Insurance Expense 3249
New Construction N
Property Type Residential Income
Association Amenities Common Laundry Coin-op Laundry Owned Deck
Contingency None
Subdivision Name Hendricksons Add
Directions I-35E N east on Maryland Ave south on Arkwright St to property on corner of Arkwright St and Cook Ave.
City Saint Paul
Buyer Agent Compensation 2.50
High School District St. Paul
Zoning Description Residential-Multi-Family
Total Units 4
Street Name Arkwright
Land Lease Y/N N
Tax Annual Amount 9096
Electric Expense 936
Fuel Expense 504
Trash Expense 2000
Water Sewer Expense 2000
Additional Parcels Y/N N
Days on Market 23
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Partial Unfinished
Basement (Y/N) Y
Above Grade Finished Area 4000
Street Suffix Street
Below Grade Finished Area 0
Fuel Natural Gas
Garage Dimensions 20x24
Garage Square Feet 480
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Exterior
Fencing Privacy Wood
Parking Features Detached Asphalt Electric Paved
Lot Features Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.16
Lot Dimensions 80x85
Lot Size Units Acres
Foundation Area 1200
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1051
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* Excluded Features
List By
Re/Max Professionals

Broker

ampaskett@remax.net

Email

Affordability Calculator

$5,228
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,470
Monthly Property Taxes
$758
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2024$639,900 Listed Price

Map


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1051 Arkwright Street, Saint Paul, MN, 55130 is a Multi-Family Home for sale at $639,900 with 4,000 sqft and a lot size of 0.16. 1051 Arkwright Street has 12 bedrooms, 4.0 baths, and was built in 1911. The property's zip code is 55130 which is in Saint Paul, MN