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1555 Mcafee Street Saint Paul (MN) 55106
$384,900 Active
StatusActive Living Area2420 YR1967 School District625

Public Remarks

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!

Quick Specifications

Price :
$384,900
Status :
Active
Property Type :
Residential Income
Year Built :
1967
Approx. Sq. Ft :
2420
School District :
625
Taxes :
$ 5544
MLS# :
6719567

Interior Features

Foundation Size :
1160

Lot and Location

PostalCity :
Ramsey
Zip Code :
55106
Neighborhood :
Greater East Side
Directions :
Maryland to Clarence N to Arlington W to Mcafee
Complex/Development/Subd :
Lakeview Add 1
Lot Description :
Some Trees
Lot Dimensions :
60x134x60x137
Road Frontage :
City Street, Sidewalks
Zoning :
Residential-Multi-Family
School District :
625
School District Phone :
651-767-8100

Structural Features

Class :
Residential Income
Basement :
Block, Daylight/Lookout Windows, Drainage System, Egress Window(s), Finished, Concrete, Shared Access, Storage/Locker, Storage Space, Sump Pump
Exterior :
Stucco
Garage :
2
Accessibility Features :
None
Roof :
Age 8 Years or Less, Asphalt
Sewer :
City Sewer/Connected
Water :
City Water/Connected

Financial Considerations

DPResource :
Y
Foreclosure Status :
No
Lender Owned :
No
Potential Short Sale :
No
Latitude :
44.9882369415
MLS# :
6719567
Style :
Duplex Side by Side
Complex/Development/Subd :
Lakeview Add 1
Tax Amount :
$ 5544
Tax With Assessments :
5544.0000
Tax Year :
2024
Source: NorthStar MLS as distributed by MLS GRID


© 2025 Based on information submitted to the MLS GRID as of 2025-05-15 00:00:05 (Central Time) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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