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Wilen Real Estate
1599 Rice Street, Saint Paul, MN 55117
1599 Rice Street, Saint Paul, MN 55117
Residential Income
N/A Beds
N/A Baths
5,230 SQFT
2,004 Year Built
0.21 Acres
No Waterfront
Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a
.21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages.
PROPERTY HIGHLIGHTS :
Built in 2004 with modern amenities throughout
Individual HVAC systems for each unit
In-unit washer/dryer connections
Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage
4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit)
Excellent condition with minimal deferred maintenance
Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)
Listed by: Real Broker, LLC
Listed by: Real Broker, LLC
TALK WITH AN AGENT & SCHEDULE A SHOWING
Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
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