Rare opportunity to own a renovated Lake Phalen duplex with established rental income and tenants already in place! Enjoy beautiful lakeside views from the spacious deck and charming front porch, all just steps from Lake Phalen's walking and biking trails, beaches, golf course, and recreation. The property offers generous living spaces, large bedrooms, multiple kitchens, separate entrances, laundry, ample storage, and a large 3-car garage. Leases are currently in place through May 31, 2027, providing immediate income for the next owner. Sellers are motivated and willing to contribute up to $15,000 toward buyer closing costs with an acceptable offer. An excellent opportunity for an investor looking for a well-located, income-producing property with long-term potential!
| MLS # | 7147699 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 12 |
| Listing Provided By | Real Broker, LLC | Tenzin Sopa |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 4,120 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.28 |
| Water Front | Yes |
| Heating | Baseboard, Hot Water |
|---|
| Roof | Age Over 8 Years, Asphalt |
|---|---|
| Construction Materials | Block |
| Parking Features | Detached Garage, Concrete |
|---|
| Property | 11122 |
|---|
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55106 |
| Area | 98 |
| Community Name | Overbrook |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Overbrook) | |
Price: $600,000 low | high Med: $329,900 sqft: 4,120 low | high Med: 1,865 $ / sqft: $146 low | high Med: $177 On site: 12 low | high Med: 3 | |
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55106 |
| Area | 98 |
| Community Name | Overbrook |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Overbrook) | |
Price: $600,000 low | high Med: $329,900 sqft: 4,120 low | high Med: 1,865 $ / sqft: $146 low | high Med: $177 On site: 12 low | high Med: 3 | |