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   7
For Sale property id: 77737083
USD 394,600
661 Payne Avenue, Saint Paul, Minnesota, United States
  • 4 bedrooms
  • 4 bathrooms
  • 241.547904 m²
  • Land Size
    485.622770688 m²
  • Completion Year
    1884
  • Parking Spots
    4

Description

A solid investment opportunity in a high demand rental area. This building is section 8 approved and enrolled in the city of St Paul's 4-D affordable housing program, offering property tax reductions and long term affordability incentives. Three out of four units are currently rented. The building sits on a deep lot with a shared backyard that includes a patio, grassy area, and garden space. Walkable to local favorites like Yarusso Bros, Minnesota Music Cafe, and the Bruce Vento Trail. Strong cash flow opportunity with rents below market.

Property Features

interior

  • Floor Type
    • • Tile
    • • Carpet
  • Bathrooms
    • • Bath
    • • Shower
  • Other Rooms
    • • Laundry

exterior

  • Entertaining
    • • Spa
    • • Courtyard
  • Exterior Features
    • • Garage
    • • Balcony
  • Flooring Features
    • • Balcony

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