About 1636-1638 Minnehaha Avenue W
NOW $449,900, with 5% seller financing available! This memorable Saint Paul duplex near Hamline University combines nearly $4,000 in monthly rent, flexible financing, historic character... and a secret 33x33-foot room upstairs.
The seller is willing to offer a 5-year Contract for Deed at just 5% interest with 10% or more down, giving investors or owner occupied buyers an attractive alternative to conventional financing.
Unit 1636 currently rents for $2,240/month and features original hardwood floors, beautiful period trim and moldings, and a main-floor half bath. Then comes the surprise: tucked away on the third floor behind an entrance that feels almost like a hidden closet door is an enormous 33x33-foot vaulted loft, Studio, office, recreation room, entertainment space, creative retreat... this is a room looking for its next idea.
Next door, Unit 1638 generates another $1,700/month, bringing current combined rents to $3,940/month.
Add a premium Owens Corning 25-year roof installed in 2019, newer detached 2-car garage, two additional parking spaces and generous open-rafter storage.
New "ready to go" price of $499,900, the seller is ready to get this property sold.
