23 Acker ST W, Saint Paul, MN 55117 - MLS#6825199

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Nick Leavy

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

$364,500

Est. payment - /mo

4 Beds

4 Baths

2,808 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $129

MLS Listing ID 6825199

Bedrooms 4

Year Built 1900

Annual Tax Amount $5,319

Tax Year 2025

Contingent None

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 40x109

Property Sub-Type Quadruplex

Property Description

St. Paul 4plex. Great opportunity for investors or owner occupant buyers looking for rents that pay the mortgage. Unit #1 is vacant with 2 bedrooms and ready for occupancy with an estimated rent value of $1,600 per section 8 payment standard. Unit #2 is an efficiency rented for $1,145 per month fully subsidized by Housing Support and exempt from rent stabilization. Unit #3 is a one bedroom rented for $750 per month with a long-term market tenant. Unit #4 is a one bedroom rented for $1,272 per month fully subsidized by Section 8 and exempt from rent stabilization. Occupy one unit and collect rents to pay your mortgage or rent out all 4 units for a high return. The property presents the opportunity for big cash flow with big upside, priced with room to build equity immediately. In addition to the 4 units, the building has a partially finished attic with plenty of ceiling height that provides an opportunity to expand existing units or possibly add a 5th unit. Electric meters are separate and billed directly to tenants. Owner pays gas water and trash.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Partial, Shared Access

Interior

Heating Baseboard, Forced Air

Fireplace No

Building

Story Two

Foundation 1404

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District St. Paul

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Listed by Christopher Cornet • Bridge Realty, LLC

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