1221 Ross AVE new Save Request In-Person Tour Request Virtual Tour
Saint Paul,MN 55106
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $74
MLS Listing ID 6819027
Style (MF) Duplex Up and Down
Bedrooms 4
Year Built 1923
Annual Tax Amount $2,908
Property Description
This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity.
The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.
Location
State MN
County Ramsey
Interior
Heating Boiler
Flooring 5842.0
Exterior
Parking Features Gravel Lot
Building
Foundation Concrete Block
Water City Water/Connected