1541 Charles AVE new

Saint Paul,MN 55104

$ 420000

- Bed

- Bath

2002 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,002 sqft

Price per Sqft $209

Subdivision Hamline Syndicate Add, No3

MLS Listing ID 6718053

Year Built 1909

Annual Tax Amount $7,628

Tax Year 2024

Contingent None

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 50x76

Property Sub-Type Triplex

Property Description

Excellent owner occupant or investor opportunity to own a fully updated triplex with two fully furnished Airbnb's in a great location near Allianz Field. The main floor + lower level apartment is 3 bedrooms, 2 baths, and features hardwood floors, new stainless steel appliances, quartz countertops, washer/dryer, dishwasher, fully updated bathroom with tile surround shower and an attached garage. The top floor of the home features two fully furnished 1 bedroom Airbnb's with separate exterior access. Roof was replaced in 2023.

Total gross annual revenue ~$73,000 with avg gross monthly income per unit as follows:
Apt 1: $1,925/month leased through 7/30
Airbnbs (2x): $2,083/month avg gross revenue (additional monthly expenses for STR include cleaning & mgmt fees which avg $700/mo).

1541 Charles is a fantastic opportunity to add a cash flowing property to your portfolio or the perfect starter home to begin your investment journey.

Location

State MN

County Ramsey

Rooms

Basement Block,Egress Window(s),Finished,Full,Single Tenant Access,Storage Space,Tile Shower

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Attached Garage,Electric,Storage

Garage Spaces 1.0

Roof Type Age 8 Years or Less

Building

Story Two

Foundation 672

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Shake Siding,Wood Siding

New Construction false

Schools

School District St. Paul

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