1555 Mcafee ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Saint Paul,MN 55106
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,420 sqft
Price per Sqft $159
Subdivision Lakeview Add 1
MLS Listing ID 6719567
Year Built 1967
Annual Tax Amount $5,544
Tax Year 2024
Contingent None
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 60x134x60x137
Property Sub-Type Duplex Side by Side
Property Description
Investment Alert! Seize this exceptional opportunity to own a meticulously maintained side-by-side duplex, ideally situated just five blocks from the recreational haven of Lake Phalen and backing directly onto the scenic Bruce Vento Trail! This income-generating property delivers immediate cashflow or the chance for owner occupancy. On one side, a spacious 3-bedroom, 1.5-bathroom unit is securely leased through August 2025, generating a solid $1,700 per month. The adjacent 2-bedroom, 1-bathroom unit offers flexible income with a month-to-month tenancy currently at $1,300 per month. Both units benefit from a convenient shared laundry area featuring a new washer and dryer (2019) and abundant dedicated storage space. This isn't just about location – significant recent investments ensure worry-free ownership. Imagine a resurfaced asphalt driveway (2021) leading to updated garage with new door openers, rails, springs and rollers (2019). Above, a brand-new roof, gutters, fascia, and soffit (2022) provide lasting protection. Inside, tenants enjoy comfort with new, efficient Furnace and A/C units installed in 2022, backed by an impressive 10-year parts & labor warranty! A 2019 radon mitigation system and updated windows add peace of mind. Plus, both units feature updated appliances, enhancing tenant satisfaction. Beyond the property itself, the location is unbeatable. Residents enjoy effortless access to the outdoor activities and beauty of Lake Phalen and can step directly onto the Bruce Vento Trail for biking, walking, and recreation. Adding to the investment appeal, the property holds a Rental License and Certificate of Occupancy valid through 2031, streamlining operations for the new owner. Don't miss this chance to acquire a turnkey investment property in a sought-after St. Paul location, offering immediate cashflow, recent high-value upgrades, and exceptional tenant appeal!
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Block,Daylight/Lookout Windows,Drainage System,Egress Window(s),Finished,Concrete,Shared Access,Storage/Locker,Storage Space,Sump Pump
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence Chain Link
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Some Trees
Story One
Foundation 1160
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Stucco
New Construction false
Schools
School District St. Paul
Others
Virtual Tour https://mls.ricoh360.com/17d72cfe-4fa4-49d8-916a-f1bfee5a9ff7