Well maintained triplex located in St Pauls desirable Summit-University neighborhood offering strong cash flow and full occupancy in a stable rental market. Property features hardwood floors, spacious layouts, and strong long-term tenant appeal in a quiet residential setting with convenient access to downtown St Paul, public transportation, shopping, dining, and neighborhood amenities.
Additional features include coin-operated laundry, detached 2-car garage, alley access, off-street surface parking, and a nice side yard for tenant enjoyment. The property offers an excellent combination of stable in-place income and long-term operational upside potential.
Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.
Listing courtesy of Luke Nilles, Gold Group Realty, LLC