Saint Paul, MN 55104,1048 Lafond AVE
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Saint Paul, MN 55104,1048 Lafond AVE
Saint Paul, MN 55104,1048 Lafond AVE
Saint Paul, MN 55104,1048 Lafond AVE
Saint Paul, MN 55104,1048 Lafond AVE
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$ 385,000
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1048 Lafond AVE Saint Paul, MN 55104

2,638 SqFt


UPDATED:

11/21/2024 06:43 PM

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 well-maintained triplex offers a prime investment opportunity or the perfect owner-occupied home with rental income. Several major updates have already been completed, making this property a great value. Improvements include a brand-new roof, all-new plumbing, and a new deck. The boiler is also just a few years old, ensuring long-term reliability. Lower level unit is a fully renovated 1-bedroom unit with a modern kitchen, new bathroom, and fresh paint throughout. The 1st floor is occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit rents for $1,100 per month with a lease through March 2025. Situated on a double lot in a highly sought-after location, this property is conveniently located between University Avenue and Como Park, offering easy access to local amenities, transit, and green spaces. Don't miss this rare opportunity to own a triplex with stable cash flow and extensive 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


Listed by Lisa Proechel • Keller Williams Integrity Realty

Kyle Babcock

Team Lead/Agent

+1(651) 331-0319

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1048 Lafond AVE