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Active NEW!
$239,900
/mo Edit
Multi-family:  2 Stories
4 br • 2 ba • Built 1887
1,424 sqft • 0.127 acres
MLS# 7033033
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    Property Description

    Welcome to 997 Marion Street. An up-and-down duplex situated on a quiet tree-lined street. This duplex offers an upper unit with 2 bedrooms and 1 full bathroom. Currently rented on a month-to-month lease for $1, 075. The lower unit offers 2 bedrooms, a three-quarter bathroom, and driveway access for parking. It is currently rented on a month-to-month lease for $1, 144. Both units are in good condition and feature various updates, including a remodeled upper-level bathroom, newer lower-unit carpet and paint, a newer furnace, a deck painted in 2023, a new water heater, and new solid-core doors at the top and bottom of the main staircase. This property also has a spacious backyard. It is conveniently located near schools, parks, restaurants, Hwy 94, and 35E. This is a great opportunity for any investor or owner-occupant!

    Listing

    Contingency: None
    Price per sq ft: $168
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55117
    Neighborhood/Area: 97
    Subdivision Name: Auerbach & Hands Addition, To

    Interior

    Living Area: 1,424 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 748 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Gravel
    Shared Amenities:
    • Deck
    • Other
    Road Frontage: City Street
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.127
    Geolocation: 44.971438, -93.110154
    Lot Dimensions: 42 x 132
    Zoning: Residential-Multi-Family

    Schools

    School District: 2102
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,500
    Annual Insurance Expense: None
    Annual Maintenance Expense: $1,680
    Annual Trash Expense: $900
    Annual Water/Sewer Expense: $600
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,694
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,126

    Income

    Annual Gross Income: $26,628
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $21,948

    Units

    Total Units: 2

    Miscellaneous

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

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.