1221 Ross AVE, Saint Paul, MN 55106 - MLS#6819027

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Nick Leavy

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

$224,900

Est. payment - /mo

4 Beds

2 Baths

3,016 SqFt

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UPDATED:

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

Acres 0.13

Lot Dimensions 46*127

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

Direction Going south on Johnson Pkwy, turn right onto 7th St E, turn left onto Atlantic St. and turn right onto Ross Ave, home is on the right hand side.

Rooms

Basement Concrete Block

Interior

Heating Boiler

Flooring 5842.0

Exterior

Parking Features Gravel Lot

Accessibility None

Building

Foundation Concrete Block

Water City Water/Connected

Architectural Style (MF) Duplex Up and Down

Others

Senior Community No

Tax ID 282922440120

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Listed by eXp Realty

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