5 Beds
3 Baths
2,226 SqFt
5 Beds
3 Baths
2,226 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,226 sqft
Price per Sqft $175
Subdivision Dawsons Add
MLS Listing ID 7127796
Bedrooms 5
Year Built 1888
Annual Tax Amount $7,840
Tax Year 2026
Contingent None
Lot Size 7,492 Sqft
Lot Dimensions 150x50
Property Sub-Type Triplex
Property Description
Welcome to 306 King St W, a well-maintained triplex offering an excellent opportunity for investors or owner-occupants looking to build equity while generating rental income. This 2,226 sq ft property features three separate units with a total of 5 bedrooms and 3 bathrooms and an estimated $4,000/month in gross market rents.
The property has benefited from numerous improvements designed to add value and reduce future maintenance, including newer vinyl windows, updated electrical panels, upgraded PEX and copper plumbing, a high-efficiency furnace, updated flooring, insulated attic and crawlspace, and maintenance-free front decking. Shared laundry adds convenience for residents.
Location is another major advantage. Enjoy convenient access to downtown Saint Paul, public transportation, parks and recreation, restaurants, shopping, entertainment, and everyday amenities. The property is also well positioned for access to major roadways, making commuting throughout the Twin Cities convenient. Nearby employment centers, schools, neighborhood businesses, and Saint Paul's many cultural and entertainment destinations add to the area's rental appeal.
Whether you're an investor looking to add a three-unit income-producing property to your portfolio or an owner-occupant interested in living in one unit while collecting rent from the others, this property offers flexibility, valuable updates, and excellent income potential.
Three units. Great location. Approximately $4,000/month in gross market rent potential. Don't miss this Saint Paul investment opportunity — schedule your showing today!
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Drain Tiled, Full
Interior
Heating Forced Air
Fireplace No
Laundry In Basement
Exterior
Fence None
Pool None
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Irregular Lot
Story Two
Foundation 1113
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Frame
New Construction false
Schools
School District St. Paul
Schools and Properties Nearby