Active
1048 Lafond Avenue
Saint Paul MN, 55104
$385,000
$145.94 per sqft
Active
2,638 sqft
Multi-family
Built in 1948
This well-maintained triplex offers a prime investment opportunity or the perfect owner-occupied home with rental income. Several major updates have already been completed, making this property a great value. Improvements include a brand-new roof, all-new plumbing, and a new deck. The boiler is also just a few years old, ensuring long-term reliability. Lower level unit is a fully renovated 1-bedroom unit with a modern kitchen, new bathroom, and fresh paint throughout. The 1st floor is occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit rents for $1,100 per month with a lease through March 2025. Situated on a double lot in a highly sought-after location, this property is conveniently located between University Avenue and Como Park, offering easy access to local amenities, transit, and green spaces. Don't miss this rare opportunity to own a triplex with stable cash flow and extensive recent updates--ideal for both investors and owner-occupants looking to offset their mortgage with rental income.
6633562
MLSⓇ ID
November 20, 2024
Listed
November 20, 2024
Updated
Map
1048 Lafond Avenue
Saint Paul MN, 55104
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.2 Acres
Roof
Age 8 Years or Less
Sewer
City Sewer/Connected
School Information
School District
St. Paul
Other Property Details
Taxes
$5,160
Tax Frequency
Annually
Garage
Yes
Garage Spaces
3
Parking
Attached Garage, Detached
View
No
County
Ramsey
Water Source
City Water/Connected
Pool
No
Courtesy of Keller Williams Integrity Realty
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Regan + Hornig shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 9:51 PM UTC, 11/20/2024