Property Listing
Description
Cash flowing triplex home with built-in flexibility! Opportunity awaits with this well maintained three-unit property in Saint Paul's Greater East Side. The basement unit is currently month-to-month, while the middle unit's lease expires August 1, 2026, and then converts to month-to-month, offering flexibility for future occupancy or continued rental income. The upper unit is leased through September 2026, providing immediate cash flow. The upcoming lease transitions create an excellent opportunity for the next owner to adjust occupancy or rental strategy as their needs evolve! Each unit has its own private entrance, creating privacy and convenience. Detached two-car garage, spacious lot, and an ideal location close to parks, schools, restaurants, shopping, and easy commuter routes. A versatile property with options for a wide range of ownership goals! (Please note a 24-hour notice is needed for showings)
Property Information
Status: Active
Sub Type: ********
List Price: $354,900
MLS#: 7069944
Current Price: $354,900
Address: 1562 Ivy Avenue E, Saint Paul, MN 55106
City: Saint Paul
State: MN
Postal Code: 55106
Geo Lat: 44.980641
Geo Lon: -93.034522
Subdivision: Section 22 Town 29 Range 22
County: Ramsey
Property Description
Year Built: 1946
Lot Size SqFt: 17859.6
Gen Tax: 5729
Specials Inst: 647
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area: 1755
Below Grade Finished Area: 450
Below Grade Unfinished Area:
Total SqFt.: 2715
Style: Array
Total Bedrooms: 5
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: