1048 Lafond AVE new

Saint Paul,MN 55104

$ 385000

- Bed

- Bath

2638 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,638 sqft

Price per Sqft $145

Subdivision John A Cokes Add To, St

MLS Listing ID 6633562

Year Built 1948

Annual Tax Amount $5,160

Tax Year 2024

Contingent None

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 70x125

Property Description

This 1940s triplex offers a great investment opportunity or the perfect owner-occupied home with rental income. Situated on a double lot, this property has 5 beds, 3 baths, 2 car detached garage and 1 car attached garage. Several major updates have been completed over the past 2 years. New roof (2023), new plumbing in all units (2024), new deck (2024), fully renovated lower unit (2024) and a newer boiler. The lower level is a 1-bed/1-bath unit and is currently vacant. The 1st floor is a 2-bed/1-bath unit occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit is a 2-bed/1-bath and rents for $1,100 per month with a lease through March 2025. Don't miss this rare opportunity to own a triplex with stable cash flow and recent updates—ideal for both investors and owner-occupants looking to offset their mortgage with rental income.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Finished,Full,Walkout

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Attached Garage,Detached

Garage Spaces 3.0

Roof Type Age 8 Years or Less

Building

Story One and One Half

Foundation 1011

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One and One Half

Structure Type Metal Siding,Vinyl Siding

New Construction false

Schools

School District St. Paul

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