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About This Home
This 14-bedroom, 0-bathroom other at 1599 Rice Street in Saint Paul, MN is listed for $799,000 ($153 per sqft). Built in 2004, the home offers 5,230 sqft of living space on a 0.21 acres lot.
Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a .21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages.
PROPERTY HIGHLIGHTS : Built in 2004 with modern amenities throughout Individual HVAC systems for each unit In-unit washer/dryer connections Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage 4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit) Excellent condition with minimal deferred maintenance Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)
Key Features
- Built in 2004
- 0.21 acre lot
Property Details
Monthly Cost Estimate
$4,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1599 Rice Street
Saint Paul, MN 55117
Rice Street Villas
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 14-bedroom, 0-bathroom other at 1599 Rice Street is listed at $799,000 ($153/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.
Key features include: Built in 2004, 0.21 acre lot. Exterior Features: Vinyl.
This property is listed by David Kampmeyer and can be reached at 6127184444 or david@gjgcommercial.com.