439 Fairview Avenue N Saint Paul, MN 55104

$895,000 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 4/7/2022
Status: Under Contract

MLS #: 6169469

Apartment Sq. Feet: N/A
On Site: 88 Days Lot Size: 0.17 Acres
Neighborhood: See All Properties for Sale in Merriam Park/Lexington-Hamline
Click Map to Enlarge
Excellent opportunity to own this turnkey 6-unit building full of old-world charm in a highly sought-after neighborhood. This property is conveniently located one block from the Green Line light rail Fairview Station as well as nearby Allianz field, and many employers, colleges, hospitals, shops, and restaurants. All units have been updated including upgraded kitchens with newer cabinets, stone countertops, and appliances. Each of the first & second floor units have a large deck allowing the residents to enjoy the peaceful backyard. The steam boiler, electrical, plumbing, windows, and exterior, and more have been updated. A new rubber membrane roof has been on order for over a year will be installed in the coming weeks. Building has coin-operated front load laundry, storage lockers, and off-street parking. Maintenance and expenses are low, and this property has an excellent professional tenant base making this a dream property to own and manage.
Appliances: Range, Microwave, Refrigerator
Amenities: Natural Woodwork, Hardwood Floors
Heating: Steam, Boiler
Fuel: Natural Gas
Lot Size: 0.17 Acres
Lot Dimensions: 160x50
Lot Features: Irregular Lot
Parking Features: Gravel
Utilities: Heating Common, Electric Separate, Hot Water Common
Sewer: City Sewer/Connected
Water: City Water/Connected
Zoning: Residential-Multi-Family
Directions: University Avenue to Fairview Avenue. Head South. property on east side of street.
Full Status: Contingent - Inspection
School District: St. Paul
County: Ramsey
Sale Includes: Building, Land, Leases
Tax Year: 2022
Tax Annual Amount: $11, 619
Fuel Expense: $2, 495
Insurance Expense: $3, 080
Trash Expense: $2, 265
Contingency: Inspection
Gross Income: $91, 860
Net Income: $60, 510
Association Amenities: Deck, Coin-op Laundry Owned
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Listing Information Last Updated 7/3/2022
© Copyright 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
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Property Summary

439 Fairview Avenue N
Saint Paul, MN 55104

MLS®: 6169469

List Price: $895,000


MLS® 6169469: This property at 439 Fairview Avenue N, Saint Paul, MN 55104 is located in the Merriam Park/Lexington-Hamline subdivision and is listed for $895,000. MLS® 6169469 has been on the market for 87 days.