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661 Payne Avenue
Saint Paul, MN 55130

$499,999

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Listing Details

  • $499,999
  • MLS# 7068786
  • Type Multi Unit - Multiple
  • Status Active
  • 2,600
    Square Feet
  • 0.120 acres
    Lot Size
  • 1884
    Year Built
  • St. Paul
    Local Schools

Listed By

Agency Name: Keller Williams Realty Integrity Lakes
Agency Phone: 612-821-7400

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333

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Home Value Estimate


Description

A strong investment opportunity in one of Saint Paul's high-demand rental corridors. This newly renovated4-unit mixed-use property sits on a rare double lot and offers excellent cash flow potential withadditional upside through below-market rents. The property is Section 8 approved and enrolled in the City of Saint Paul's 4-D Affordable Housing Program, providing valuable property tax reductions and long-term affordability incentives.The asset features a versatile mixed-use zoning configuration that includes both a commercial garagespace and a traditional residential garage, creating flexibility for owner-operators, small businesses,contractors,...read more

Features

  • Heating: Forced Air
  • Taxes: $2,466
  • Water: City Water/Connected
  • Year Built: 1884

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