768 Lafond Avenue,Saint Paul, MN 55104
Saint Paul, MN 55104
Description
INVESTORS-STOP SCROLLING! Two-unit income property with both units rented, including a nearly 30-year tenant, plus newer roof/windows and brand-new exterior paint. Strong rental history + established tenants + FHA-friendly = a smart addition to any investment portfolio. This is the type of investment buyers look for-established rental history, minimal turnover, and a property you can start earning from immediately.The upper-level unit has been occupied by the same tenant for nearly 30 YEARS, providing exceptional stability and a proven rental history. The lower-level unit is updated and well-maintained, featuring fresh paint, modern kitchen, in-unit laundry, upgraded bathroom, and new kitchen flooring, while retaining charming original character.Brand-new exterior paint, newer roof and windows, and a 2-car garage add to the property's appeal and help minimize future maintenance concerns. Tenants pay gas and electric, manage lawn care and snow removal, and share the garage.FHA buyer friendly! Whether you're an experienced investor expanding your portfolio or looking for your first income property, this duplex offers the opportunity to build equity while collecting rental income from day one.And the location delivers: just blocks from light rail and bus lines, restaurants, entertainment, and Ryan Park.Two units. Two established tenants. Strong rental history. Recent improvements. Excellent location. Don't overlook this opportunity to add a solid, income-producing property to your portfolio!
Details
| MLS # | 7140536 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1886 |
| Days On Site | 22 |
| Listing Provided By | Kris Lindahl Real Estate | Kris Lindahl |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,552 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.11 |
Interior
| Heating | Boiler |
|---|
Exterior
| Lot Features | Public Transit (w/in 6 blks), Railroad Access |
|---|
Parking
| Parking Features | Detached Garage |
|---|
Taxes
| Property | 4444 |
|---|
Area Information
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55104 |
| Area | 102 |
| Community Name | Chute Brothers Division, No 12 |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Chute Brothers Division, No 12) | |
Price: $285,000 low | high Med: $0 On site: 22 low | high Med: | |
Market Activity 55104
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55104 |
| Area | 102 |
| Community Name | Chute Brothers Division, No 12 |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Chute Brothers Division, No 12) | |
Price: $285,000 low | high Med: $0 On site: 22 low | high Med: | |
