Solid four-unit investment property built in 1978, offering an excellent opportunity for both investors and owner-occupants. Each unit features two bedrooms and one bathroom, with numerous updates over the past few years. Three units are currently rented, while the fourth is vacant and ready for an owner-occupant or new tenant. Low expenses, no natural gas to building. The building is all-electric, with tenants responsible for their own utilities. Each unit has its own electric forced-air furnace, electric water heater, and wall-unit air conditioning. The roof and windows are approximately 10 years old. Large, private paved parking lot in the rear. Conveniently located just steps from beautiful Lake Phalen, with the Bruce Vento Regional Trail directly behind the property. A great opportunity to own a well-positioned, easy-to-rent fourplex in a desirable St. Paul location!
Listing courtesy of Martin P. Morgan, Morgan And Trust Realty
