Exceptional income-producing opportunity with incredible upside! This vacant triplex gives investors the rare advantage of setting market rents from day one, or offers the flexibility to owner-occupy while generating rental income from the other units. Situated on a spacious double lot with sweeping views overlooking downtown Saint Paul, this property includes an additional non-conforming lower-level living space with a functioning bathroom. This space is not recognized as a legal 4th unit. Buyers should verify zoning and any requirements for legal conversion. Plumbing hookups intact. Fourth bathroom in basement, not in unit 1.
Whether you’re seeking immediate cash flow, the opportunity to owner-occupy while offsetting your mortgage with rental income, or a long-term investment with upside potential, this property offers exceptional value in a prime location.
New copper boiler lines, steam heat recently serviced, and all radiators flushed, new water heater, landscaping updated, fresh paint interior/exterior, new exterior doors, new carpeting in halls, refinished hardwood floors in front of house & stairway, new dryer, washer 2024, new copper water line to street. 2 car detached garage. A+ storage.
Listing courtesy of Jordan Magee, Property Executives Realty
