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1221 Ross Avenue, Saint Paul, MN 55106

Status: Off Market

2 units
2,011 sq ft

WELCOME HOME

Get to know this property.

This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity. The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.

The details that matter.

General Property Information for 1221 Ross Avenue, Saint Paul, MN 55106 - MLS# 6819027
Bedrooms and Bathrooms
Total Bedrooms:
4
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1923
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
2,011
Total Fnsh'd SqFt:
2,011
Above Ground SqFt:
2,011
Finished Above Grade:
2,011
Below Ground SqFt:
1,005
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,005
Approx Lot Dimensions:
46*127
Approx Number of Acres:
0.134
Income and Expenses
Gross Income:
$15,600
Total Expenses:
$4,344.0000

A closer look at the location.

Going south on Johnson Pkwy, turn right onto 7th St E, turn left onto Atlantic St. and turn right onto Ross Ave, home is on the right hand side.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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