Looking for a fabulous investment property just 2 blocks from Hamline University campus? Check this one out! *** Raise Rents with new tenants. Amounts listed are WAY lower than going rate since recent tenants were the owner's adult daughter & friends. Previously, owner occupied on the main level, which also worked great!!! Large, renovated main level unit has a gorgeous kitchen, 2 bedrooms, 2 baths, including Master Suite, plus Sunroom, back deck and laundry and storage in the lower level. 2 units on 2nd floor, including a 1-Bedroom unit and a Studio apartment. Both units share a screened-in back porch. Add EQUITY by adding 4th unit in the attic! Charming staircase, hardwood floors &moldings. Wrap around front porch. HUGE advantages for all renters? Large backyard AND off-street parking for all units. Sellers added a patio for summer & use as 2 car parking pad in winter to help tenants as St Paul plows streets. 2 car-garage is used by Owner Occupant or Primary Tenant.
Address:1407 Hewitt Avenue Saint Paul, MN 55104
School System:St. Paul
Construction Status: Previously Owned
Roof: Asphalt Shingles, Pitched
Foundation Size: 830
Garage: Detached Garage, Driveway - Concrete, Garage Door Opener
Features / Amenities
Unit 1: 2 beds, 1 bath. Rent: $18000. Amenities: Deck, Patio, Porch, Natural Woodwork, Kitchen Window, Ceiling Fan(s), Hardwood Floors, Tile Floors, Paneled Doors, Washer/Dryer Hookup. Appliances: Range, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Unit 2: 1 bed, 1 bath. Rent: $8040. Amenities: Porch, Kitchen Window, Ceiling Fan(s), Hardwood Floors, Tile Floors, Paneled Doors. Appliances: Range, Refrigerator
Unit 3: 1 bed, 2 baths. Rent: $6360. Amenities: Porch, Ceiling Fan(s), Tile Floors, Paneled Doors. Appliances: Range, Microwave, Refrigerator
Heating: Hot Water, In-Floor Heating
Fuel: Natural Gas
|Finished Sq. Ft.|
Lot Description: Tree Coverage - Medium, City Bus (w/in 6 blks)
Water: City Water/Connected
Sewer: City Sewer/Connected
Road Frontage: City, Paved Streets, Curbs, Sidewalks
Directions:Snelling to Hewitt east to property on left.
Tax and Financial Info
Tax Amount: $7, 070.00
Tax Year: 2019
Annual Gross Expense: 6578.00
Total Annual Expenses: 6578
Annual Gross Income: 32400.00
Annual Electric Expense: 4464
Annual Water/Sewer Expense: 800
WALKING AND TRANSPORTATION
Similar Recently Sold
Listing Information Last Updated 2/26/2020
Listing provided courtesy of Edina Realty, Inc..
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1407 Hewitt Avenue
Saint Paul, MN 55104
Saint Paul, MN 55104
List Price: $399,900
MLS # 5228492: This property at 1407 Hewitt Avenue, Saint Paul, MN 55104 is located in the Hamline-Midway subdivision and is listed for $399,900. MLS # 5228492 has been on the market for 169 days.