Discover cash flow potential with this meticulously maintained 6-bed, 2-bath up/down duplex in high-demand Hamline-Midway. This property delivers the rare combination investors seek: proven rental income, major systems already upgraded, and expansion possibilities.
Recent Capital Improvements (See Schedule in MLS): New boilers ensuring reliable heating, updated water heaters, new roof protecting your investment, energy-efficient windows throughout, and enhanced insulation reducing utility costs. These strategic upgrades translate to reduced capital expenditure risk and stronger NOI.
Investment Highlights: Strong rental demand near Hamline University, Allianz Field, and Green Line light rail. Separate utilities simplify expense allocation. Spacious basement presents potential third-unit conversion opportunity (buyer to verify requirements with City of St. Paul). Owner-occupancy financing available making for a great House-Hack opportunity.
Location Advantages: 0.3 mi to Metro Green Line, walking distance to local amenities and dining, easy I-94 access, established neighborhood with low vacancy rate.
Whether envision living in one unit while rental income offsets a mortgage, or value-add to maximize returns, the foundation for success is with this one.
