591 Payne Avenue, Saint Paul, MN 55130 (MLS# 7018983)

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Property Description
This property is part of a 5-property portfolio, offering 4 single-family homes and 1 duplex in the Payne/Phalen and Dayton’s Bluff neighborhoods. MLS #s available upon request. List price reflects the standalone value; portfolio purchase offers approximately an 8% discount, with a total portfolio price of $1,285,000 and an estimated 10% CAP based on current information. Sold as-is but it speaks for itself that this is a well cared for duplex when both units have been rented for years on end, one side for 9 years! These units are configured as 3 bed/1 bath and 3 bed/2 bath with the 3rd bedrooms’ closets adjacent to the rooms (right side 3rd bedroom is non-confirming by just a few sqft). The basements are separate with its own utilities and private laundry for each unit. One newer boiler. Separate driveways and one car garages for each unit (old barn doors). Fenced backyards.

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