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Active NEW!
$359,500
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,042 sqft • 0.12 acres
St. Paul schools
MLS# 6709217
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    Property Description

    Incredible opportunity to own a fully renovated, turn-key duplex in the heart of Saint Paul! Located at 597 Virginia Street, this property has undergone extensive updates, making it an ideal investment for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Nearly every major component of the property has been upgraded, reducing future maintenance costs and offering peace of mind for years to come. Both units feature updated kitchens and bathrooms, with the kitchen in the upper unit renovated in 2020 and bathrooms throughout fully redone in 2023. Sleek granite countertops were added in 2023, enhancing durability and appeal. Major exterior updates include a new roof, siding, and all soft metal—all completed in 2022—along with the addition of gutter covers to help reduce long-term maintenance. The property has also received a full plumbing upgrade to modern PEX water lines throughout the kitchens and bathrooms, completed in 2023. Additional improvements include three newer windows in the lower unit, fresh interior paint and ceiling repairs in the upper unit (2024) and lower unit (2025), and a recently added third bedroom in the lower unit, increasing the rental potential. This is a truly turn-key asset with both leases currently on a month-to-month basis, giving future owners the flexibility to raise rents or occupy one unit without waiting for lease expiration. Whether you’re an investor seeking a low-maintenance addition to your portfolio or a buyer hoping to live in one unit and rent out the other, this duplex is a rare find that checks all the boxes.

    Listing

    Contingency: None
    Price per sq ft: $345
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55103
    Neighborhood/Area: Thomas-Dale (Frogtown)
    Subdivision Name: Warren & Rices Addition, To Sa

    Interior

    Living Area: 1,042 ft2
    Basement Details:
    • Block
    • Other
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,042 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.12
    Geolocation: 44.959201, -93.115179
    Lot Dimensions: 50 x 106
    Zoning: Residential-Multi-Family

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,764
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,764

    Income

    Annual Gross Income: $31,200

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.