1123 Payne Avenue, St. Paul, MN 55130

Cooperating Broker Commission: 2.7%

Address: 1123 Payne Avenue, St. Paul, MN 55130

Excellent opportunity for a turnkey four-plex with amazing cash flow, option to owner occupy! Property projected to generate $3,800 in monthly rent. Conveniently located on Payne, walking distance to delicious restaurants, grocery and shopping. Each unit comes with designated parking spot. Units have been renovated and are in great condition! Units 1 and 2 share a small common entryway with unit 1 located on the main level and unit 2 located up a flight of stairs. Unit 3 has private entryway with access to the unfinished lower level with laundry hookup. Unit 4 has direct access from the back of the property. Property features secure, keyless entry.

Priced at $325,000

General Details:

  • Four units, all fully renovated, including new roof!

  • Potential for almost $4000 of monthly revenue!

  • St. Paul Class B rental classification with inspection every four years!

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