Investment opportunity in Saint Paul!
Welcome to 306 King St W, a well-maintained triplex offering an excellent opportunity for investors or owner-occupants looking to build equity while generating rental income. This 2,226 sq ft property features three separate units with a total of 5 bedrooms and 3 bathrooms and an estimated $4,000/month in gross market rents.
The property has benefited from numerous improvements designed to add value and reduce future maintenance, including newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, a high-efficiency furnace, updated flooring, insulated attic and crawlspace, and maintenance-free front decking. Shared laundry adds convenience for residents.
Location is another major advantage. Enjoy convenient access to downtown Saint Paul, public transportation, parks and recreation, restaurants, shopping, entertainment, and everyday amenities. The property is also well positioned for access to major roadways, making commuting throughout the Twin Cities convenient. Nearby employment centers, schools, neighborhood businesses, and Saint Paul’s many cultural and entertainment destinations add to the area’s rental appeal.
Whether you’re an investor looking to add a three-unit income-producing property to your portfolio or an owner-occupant interested in living in one unit while collecting rent from the others, this property offers flexibility, valuable updates, and excellent income potential.
Three units. Great location. Approximately $4,000/month in gross market rent potential. Don’t miss this Saint Paul investment opportunity — schedule your showing today!
