1397 Prosperity Avenue
Saint Paul, MN 55106
MLS #4875806

Multi-Family
  • 4units
  • 8beds
  • 0.298acres
  • 3,456sq ft
$374,000
Est. P&I payment: $1428.43/mo
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Description for 1397 Prosperity Avenue, Saint Paul, MN 55106
Cash flow investment-not a flipper. All units 2 bedrooms. Separate furnaces, water heaters, central air, washer and dryer. Building has newer sidewalks, roof, and 2 decks. 4 separate garage stalls. 2 units intentionally vacant for showing purposes. Easy to rent. 2 units new carpet. On bus route, near shopping, and Lake Phalen. Dishwashers in place but disconnected.
MLS #4875806
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My Notes for MLS #4875806

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1983
  • Acres: 0.298
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Irregular Lot
  • Lot Dimensions: Irregular
  • Status: Active
  • Style: (MF) Apartments/Multifamily

Exterior Features

  • Exterior: Fiber Board
  • Road Frontage: Private
  • Parking Characteristics: Detached Garage
  • Garage Stalls: 4
  • Roof: Asphalt Shingles,​Age 8 Years or Less

Interior Features

  • Total Finished Square Footage: 3,456
  • Handicap Accessible: None
  • Basement: Finished (Livable),​Day/Lookout Windows
  • Above Ground Finished SqFt: 1,728
  • Below Ground Finished SqFt: 1,728
  • Unit 1 Amenities: Deck,​Washer/Dryer Hookup
  • Unit 1 B1 Dimensions: 12x12
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Dimensions: 9x9
  • Unit 1 B2 Level: Upper
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Eat In Kitchen
  • Unit 1 Total Expenses: 68
  • Unit 1 Kitchen Dimensions: 15x9.
  • Unit 1 Kitchen Level: Upper
  • Unit 1 Living Room Dimensions: 15x14
  • Unit 1 Living Room Level: Upper
  • Number of Unit: 4
  • Unit 1 Number of Units: 4
  • Unit 1 Parking Spaces: 1
  • Unit 1 Special Rooms: All Living Fac. on One Level
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 864
  • Unit 2 Amenities: Deck,​Washer/Dryer Hookup
  • Unit 2 Bedroom 1 Dimensions: 12x12
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 9x9
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Eat In Kitchen
  • Unit 2 Kitchen Dimensions: 15x9
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 15x14
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 2
  • Unit 2 Parking Spaces: 1
  • Unit 2 Special Rooms: All Living Fac. on One Level
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 864
  • Unit 3 Amenities: Washer/Dryer Hookup
  • Unit 3 Bedroom 1 Dimensions: 9x9
  • Unit 3 Bedroom 1 Level: Main (Ground)
  • Unit 3 Bath Characteristics: Main Floor Full Bath
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Dining Room: Eat In Kitchen
  • Unit 3 Family Room Dimensions: 15x9
  • Unit 3 Family Room Level: Main (Ground)
  • Unit 3 Kitchen Dimensions: 12x12
  • Unit 3 Kitchen Level: Main (Ground)
  • Unit 3 Living Room Dimensions: 15x14
  • Unit 3 Living Room Level: Main (Ground)
  • Unit 3 Number of Units: 2
  • Unit 3 Other Parking Spaces: 1
  • Unit 3 Total Rooms: 5
  • Unit 3 Finished Square Footage: 864
  • Unit 4 Amenities: Washer/Dryer Hookup
  • Unit 4 Bedroom 1 Dimensions: 12x12
  • Unit 4 Bedroom 1 Level: Main (Ground)
  • Unit 4 Bedroom 2 Dimensions: 9x9
  • Unit 4 Bedroom 2 Level: Main (Ground)
  • Unit 4 Bath Characteristics: Main Floor Full Bath
  • Unit 4 Full Baths: 1
  • Unit 4 Total Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Dining Room: Eat In Kitchen
  • Unit 4 Kitchen Dimensions: 15x9
  • Unit 4 Kitchen Level: Main (Ground)
  • Unit 4 Living Room Dimensions: 15x14
  • Unit 4 Living Room Level: Main (Ground)
  • Unit 4 Number of Units: 2
  • Unit 4 Other Parking Spaces: 1
  • Unit 4 Total Rooms: 5
  • Unit 4 Finished Square Footage: 864

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator,​Washer,​Dryer,​Disposal
  • Unit 1 Air: Central
  • Unit 2 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Washer,​Dryer,​Disposal
  • Unit 2 Air: Central
  • Unit 3 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator,​Washer,​Dryer,​Disposal
  • Unit 3 Air: Central
  • Unit 4 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator,​Washer,​Dryer,​Disposal
  • Unit 4 Air: Central
  • Number of Ranges: Four
  • Number of Refrigerators: Four
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 9,540
  • Annual Gross Income: 37,920
  • Annual Electric Expense: 300
  • Annual Insurance Expense: 1,829
  • Annual Maintenance Expense: 1,200
  • Annual Repair Expense: 150
  • Annual Gross Expense: 6,890
  • Annual Trash Expense: 1,170
  • Annual Water/Sewer Expense: 2,241
  • Unit 1 Monthly Rent: 765
  • Unit 2 Annual Rent: 9,300
  • Unit 2 Total Expenses: 68
  • Unit 2 Monthly Rent: 775
  • Unit 3 Annual Rent: 9,540
  • Unit 3 Total Expenses: 68
  • Unit 3 Monthly Rent: 795
  • Unit 4 Annual Rent: 9,540
  • Unit 4 Total Expenses: 68
  • Unit 4 Monthly Rent: 765
  • Tax Amount: 5,582
  • Tax With Assessments: 5,582
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Fuel,​Cable T.V.

Community Features

  • Municipality: Saint Paul
  • County: Ramsey
  • Neighborhood: Greater East Side
  • Postal City: Saint Paul (MN)

School Features

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

Misc Features

  • Amenities - Shared: Deck
  • Construction Status: Previously Owned
  • Foundation Size: 1,728
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 1397 Prosperity Avenue, Saint Paul, MN 55106
White Bear Avenue West on Maryland, No on Prosperity, property on Left NO SIGN Green on rear left.
The listing information for 1397 Prosperity Avenue, Saint Paul, MN 55106 was graciously provided by our friends at the listing brokerage, Edina Realty, Inc.

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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 $1428.43
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Last Updated 09/19/2017 at 1:11pm
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