Neighborhood: Merriam Park, , Ramsey Co, Min, Merriam Park/lexington-hamline
Rare Merriam Park fourplex in excellent shape! This property is located near many desirable colleges, shops, and restaurants. Your tenants will love the walkability, quiet street, and plentiful parking. Huge beautiful lot with space for 3-4 uncovered cars in the back or build a large garage. Brand new forced air furnace, permit was just finalled. Central air addition possible for whole-house AC and higher rents. Extremely solid construction. Level floors. Mostly new plumbing throughout, newer tilt wash vinyl windows, and a 1000 square foot, dry basement ready for tenant storage or finishing. Ten year old roof, vinyl siding, and metal window wrap as well. Unit composition: two studios, one large 1 bedroom, and one large 2 bedroom. The tenants are longer-term and are very high quality. $3890/month gross income.