1599 Rice Street, Saint Paul, MN

$810,000

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14

Beds

6

Baths

5,230

Square feet

0.21

Acres

About 1599 Rice Street

Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a .21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages. PROPERTY HIGHLIGHTS : Built in 2004 with modern amenities throughout Individual HVAC systems for each unit In-unit washer/dryer connections Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage 4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit) Excellent condition with minimal deferred maintenance Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)

Features of 1599 Rice Street

MLS® # 6728027
Price $810,000
Bedrooms 14
Bathrooms 6.00
Square Footage 5,230
Acres 0.21
Year Built 2004
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 1599 Rice Street
Area 97
Subdivision Rice Street Villas
City Saint Paul
County Ramsey
State MN
Zip Code 55117

Amenities

Parking Attached Garage
# of Garages 4
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

School Information

District St. Paul

Additional Information

Days on Market 259
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $12,228
Tax Year 2025

Listing Details

OfficeReal Broker, LLC

Listing Map

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