Saint Paul, MN 55106,1555 Mcafee ST
Saint Paul, MN 55106,1555 Mcafee ST
Saint Paul, MN 55106,1555 Mcafee ST
50
$397,000
$384,900
3.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,420 SqFt

1555 Mcafee ST Saint Paul, MN 55106

Est. payment /mo
SOLD DATE : 06/20/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $397,000

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 2,420 sqft

Price per Sqft $164

Subdivision Lakeview Add 1

MLS Listing ID 6719567

Sold Date 06/20/25

Year Built 1967

Annual Tax Amount $5,544

Tax Year 2024

Contingent None

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 60x134x60x137

Property Sub-Type Duplex Side by Side

Property Description

Investment Alert! Seize this exceptional opportunity to own a meticulously maintained side-by-side duplex, ideally situated just five blocks from the recreational haven of Lake Phalen and backing directly onto the scenic Bruce Vento Trail! This income-generating property delivers immediate cashflow or the chance for owner occupancy. On one side, a spacious 3-bedroom, 1.5-bathroom unit is securely leased through August 2025, generating a solid $1,700 per month. The adjacent 2-bedroom, 1-bathroom unit offers flexible income with a month-to-month tenancy currently at $1,300 per month. Both units benefit from a convenient shared laundry area featuring a new washer and dryer (2019) and abundant dedicated storage space. This isn't just about location – significant recent investments ensure worry-free ownership. Imagine a resurfaced asphalt driveway (2021) leading to updated garage with new door openers, rails, springs and rollers (2019). Above, a brand-new roof, gutters, fascia, and soffit (2022) provide lasting protection. Inside, tenants enjoy comfort with new, efficient Furnace and A/C units installed in 2022, backed by an impressive 10-year parts & labor warranty! A 2019 radon mitigation system and updated windows add peace of mind. Plus, both units feature updated appliances, enhancing tenant satisfaction. Beyond the property itself, the location is unbeatable. Residents enjoy effortless access to the outdoor activities and beauty of Lake Phalen and can step directly onto the Bruce Vento Trail for biking, walking, and recreation. Adding to the investment appeal, the property holds a Rental License and Certificate of Occupancy valid through 2031, streamlining operations for the new owner. Don't miss this chance to acquire a turnkey investment property in a sought-after St. Paul location, offering immediate cashflow, recent high-value upgrades, and exceptional tenant appeal!

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Block, Daylight/Lookout Windows, Drainage System, Egress Window(s), Finished, Concrete, Shared Access, Storage/Locker, Storage Space, Sump Pump

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached

Garage Spaces 2.0

Fence Chain Link

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Some Trees

Story One

Foundation 1160

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Stucco

New Construction false

Schools

School District St. Paul

Read Less


Listed by Jessica Luu • Northstar Real Estate Associates
agent
David Chase

+1(952) 201-3539 | davidchase@cdre.biz

GET MORE INFORMATION

Name
Phone*
Message