464 Thomas Avenue
Saint Paul, MN 55103
MLS #4699863

Multi-Family
  • 4units
  • 4beds
  • 0.11acres
  • 5,152sq ft
$379,500
Est. P&I payment: $1449.43/mo
464 Thomas Avenue, Saint Paul, MN 55103
  • 464 Thomas Avenue, Saint Paul, MN 55103 Photo 1
  • 464 Thomas Avenue, Saint Paul, MN 55103 Photo 2
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Description for 464 Thomas Avenue, Saint Paul, MN 55103
Solid 4-plex. Easy to rent with long term leases. One bedroom units, 2 up & 2 down. Good investment. HUGE IMMEDIATE MONEY MAKER. 4 unit building in good condition. Easy to rent with long term leases. 1 unit at $765, 2 at $795, 1 at $811. Chain link fence, roof approx 6 years old. Newer windows - 6 yrs. 3 wall A/C's replaced less than 5 years. Coin laundry on lower level.
MLS #4699863
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My Notes for MLS #4699863

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1963
  • Acres: 0.11
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: City Bus (w/in 6 blks)
  • Lot Dimensions: 40x125
  • Status: Active
  • Style: (MF) Split Entry (Bi-Level)

Exterior Features

  • Exterior: Stucco,​Brick/Stone
  • Fencing: Chain Link
  • Road Frontage: City,​Paved Streets,​Curbs,​Sidewalks
  • Parking Characteristics: Detached Garage
  • Garage Stalls: 3

Interior Features

  • Total Finished Square Footage: 5,152
  • Handicap Accessible: None
  • Basement: Full,​Finished (Livable),​Egress Windows
  • Above Ground Finished SqFt: 2,576
  • Below Ground Finished SqFt: 2,576
  • Unit 1 Amenities: Kitchen Window,​Tile Floors
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Dining Room: Kitchen/Dining Room,​Living/Dining Room
  • Unit 1 Total Expenses: 40
  • Unit 1 Family Rm Characteristics: Great Room
  • Number of Unit: 4
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 6
  • Unit 1 Finished Square Footage: 850
  • Unit 2 Amenities: Kitchen Window,​Tile Floors
  • Unit 2 Bath Characteristics: Main Floor Full Bath
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Dining Room: Kitchen/Dining Room,​Living/Dining Room
  • Unit 2 Family Room Characteristics: Great Room
  • Unit 2 Number of Units: 1
  • Unit 3 Amenities: Kitchen Window,​Tile Floors
  • Unit 3 Bath Characteristics: Main Floor Full Bath
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Dining Room: Kitchen/Dining Room,​Living/Dining Room
  • Unit 3 Family Room Characteristics: Great Room
  • Unit 3 Number of Units: 1
  • Unit 4 Bath Characteristics: Main Floor Full Bath
  • Unit 4 Full Baths: 1
  • Unit 4 Total Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Dining Room: Kitchen/Dining Room,​Living/Dining Room
  • Unit 4 Family Room Characteristi: Great Room
  • Unit 4 Number of Units: 1

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Baseboard,​Hot Water
  • Unit 1 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator
  • Unit 1 Air: Wall
  • Unit 2 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator
  • Unit 2 Air: Wall
  • Unit 3 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator
  • Unit 3 Air: Wall
  • Unit 4 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator
  • Unit 4 Air: Wall
  • Number of Ranges: One Per Unit
  • Number of Refrigerators: One Per Unit
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 8,700
  • Annual Gross Income: 37,992
  • Annual Fuel Expense: 4,200
  • Annual Insurance Expense: 1,100
  • Annual Maintenance Expense: 480
  • Annual Repair Expense: 500
  • Annual Gross Expense: 12,300
  • Total Annual Expenses: 7,840
  • Annual Trash Expense: 780
  • Annual Water/Sewer Expense: 780
  • Miscellaneous Monthly Income: 3,166
  • Unit 1 Monthly Rent: 725
  • Unit 2 Annual Rent: 9,540
  • Unit 2 Total Expenses: 45
  • Unit 2 Monthly Rent: 795
  • Unit 3 Annual Rent: 9,540
  • Unit 3 Total Expenses: 40
  • Unit 3 Monthly Rent: 795
  • Unit 4 Annual Rent: 9,180
  • Unit 4 Total Expenses: 45
  • Unit 4 Monthly Rent: 765
  • Tax Amount: 4,460
  • Tax With Assessments: 4,460
  • Tax Year: 2016
  • Tenant Expenses: Electric

Community Features

  • Municipality: Saint Paul
  • County: Ramsey
  • Neighborhood: Thomas-Dale (Frogtown)
  • Postal City: Saint Paul (MN)

School Features

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

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 1,288
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 464 Thomas Avenue, Saint Paul, MN 55103
University to Dale - North to Thomas, East to 464 Thomas
The listing information for 464 Thomas Avenue, Saint Paul, MN 55103 was graciously provided by our friends at the listing brokerage, Edina Realty, Inc.

Get Financing for 464 Thomas Avenue, Saint Paul, MN 55103

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $1449.43
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Last Updated 09/21/2017 at 11:49am
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