406 Beacon AVE, Saint Paul, MN 55104 - MLS#6780533

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$265,000

Est. payment - /mo

5 Beds

3 Baths

2,928 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,928 sqft

Price per Sqft $90

Subdivision Lovering'S Addition

MLS Listing ID 6780533

Style (MF) Triplex

Bedrooms 5

Year Built 1911

Annual Tax Amount $5,390

Acres 0.14

Lot Dimensions 48x126

Property Description

A wonderful opportunity for the buyer/investor with deep financial pockets, rehabilitation acumen and a vision. The property is a legal triplex with the City of St. Paul. Let's begin with the BENEFITS and OPPORTUNITIES: legal triplex, newer vinyl siding (2024), newer roof (2024), quiet, non-through street, 1,500 feet (1/3 mile - walking distance) to the Light Rail Fairview Station, 9 blocks to Allianz Field, Under 10 minute drive to nearly every necessary shopping need, restaurants, U of M, University of St. Catherine, University of St. Thomas, Concordia University, Macalester College, I-94. 15 minutes or less to both downtown Minneapolis and St. Paul. CHALLENGES this property presents: significant deferred maintenance will require a substantial cash investment to return it to rentable condition. DO NOT USE the back stairway from the back yard to access the 2nd floor unit. Boiler is old, two electrical services panels (both are fuse-style), garage will most likely need to be razed (then rebuilt or possibly use that area for off-street parking). Easy to show. Easy to purchase. Nice winter project to have it set for the spring rental market. Property is being sold AS-IS.

Location

State MN

County Ramsey

Community Lovering'S Addition

Zoning Residential-Single Family

Direction FROM EASTBOUND on University Avenue to Beacon. South to home. FROM WESTBOUND on University to Fairview. South on Fairview to Shields. East on Shields to Beacon. South to home. OR St. Anthony Avenue to Beacon. North to home.

Rooms

Basement Full

Interior

Heating Boiler

Flooring 6144.0

Laundry In Basement

Exterior

Garage Spaces 1.0

Roof Type Age 8 Years or Less,Asphalt Shingles,Pitched

Accessibility None

Porch Enclosed, Front Porch, Rear Porch

Total Parking Spaces 1

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Medium

Foundation Stone

Water City Water/Connected

Architectural Style (MF) Triplex

Structure Type Frame,Stone

Others

Senior Community No

Tax ID 332923420150

Acceptable Financing Cash, Conventional Rehab

Listing Terms Cash, Conventional Rehab

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Listed by Keller Williams Premier Realty

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