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Pending
$325,000
/mo   Edit
MLS# 5200245
168 Forbes Avenue
Saint Paul, MN 55102
Multi-family  ●  Duplex Up and Down
2,016 fin sqft  ●  0.102 acres
Built 1890  ●  St. Paul schools
Info: 763-576-8286
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    Description:   Location, location. A great duplex in the hottest part of St. Paul. West 7th is booming and this home is right there. This is a very desirable duplex with remodeled kitchens and baths. Each unit has a private deck and the upper unit has Cathedral views. All new appliances, flooring cabinets w/ quartz counter tops. Any owner or investor will appreciate this duplex. Interior photos are from when the unit was vacant. Both units have tenants.
    List Price: $325,000
    Price/sq ft: $161
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1890
    Neighborhood/Area: West Seventh
    City: Saint Paul
    Zip Code: 55102

    Interior

    Fin Sq Ft / Living Area: 2,016 ft²
    Above Ground Living: 2,016 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full

    Exterior

    Heating System: Hot Water, Gravity
    Foundation Size: 840 ft²
    Shared Amenities: None
    Fencing: None
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Vinyl
    Garage Spaces: 0
    Roof Details: Asphalt Shingles, Pitched

    Lot

    Acres: 0.102
    Construction Status: Previously Owned
    Lot Description: City Bus (w/in 6 blks)
    Latitude: 44.93980700
    Longitude: -93.10712400
    Lot Size Dim.: 26x170
    Dev/Complex Name: Samuel Leeches Add
    Zoning: Residential-Multi-Family

    Schools

    School District: 625 - St. Paul
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,248
    Annual Maintenance Expense: $1,200
    Annual Repair Expense: $1,200
    Annual Gross Expense: $4,786
    Total Annual Expenses: $4,786
    Annual Trash Expense: $542
    Annual Water/Sewer Expense: $596
    Owner Expenses: Taxes, Insurance, Water/Sewer, Maintenance/Repair, Trash
    Tenant Expenses: Electric, Fuel, Snow, Lawn, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $5,672
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,672

    Income

    Annual Gross Income: 30000.00
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Unit 1 Monthly Rent: $1,050
    Unit 2 Monthly Rent: $1,450

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: No
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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    Listing provided by RMLS, courtesy of J H Callahan & Associates