Saint Paul, MN 55130,1051 Arkwright ST
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Saint Paul, MN 55130,1051 Arkwright ST
Saint Paul, MN 55130,1051 Arkwright ST
Saint Paul, MN 55130,1051 Arkwright ST
Saint Paul, MN 55130,1051 Arkwright ST

$620,000

Est. payment /mo

$639,900

3.1%
Est.Price: ?

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1051 Arkwright ST Saint Paul, MN 55130

4,000 SqFt

SOLD DATE : 04/29/2024

Key Details

Sold Price $620,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $155

Subdivision Hendricksons Add

MLS Listing ID 6491504

Sold Date 04/29/24

Year Built 1911

Annual Tax Amount $9,096

Tax Year 2023

Contingent None

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 80x85

Property Description

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.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Partial, Unfinished

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached, Asphalt, Electric, Paved

Garage Spaces 2.0

Fence Privacy, Wood

Roof Type Age 8 Years or Less,Rubber

Building

Lot Description Corner Lot, Tree Coverage - Light

Story Two

Foundation 1200

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

New Construction false

Schools

School District St. Paul

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Listed by Aundrea Paskett • RE/MAX Professionals
agent

Jeff Wilkinson

Advisor | License ID: 40575768

+1(651) 338-4193

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