This property is being sold at a discount and has strong cash flow possibilities. A contractor has provided an estimate of $24,200 for recommended updates. No repairs have been started, and the property is already priced below market to reflect this. When repairs are completed, the after-repair value (ARV) is estimated to be $260,000, making this an excellent value-add opportunity.
The lower-level unit is leased through December 2026 at $1,300/month, providing stable, long-term income. When both units are occupied, the property cashflows, making it ideal for buy-and-hold investors. Buyers are encouraged to conduct their own due diligence.
Active
$224,900
1221 Ross Ave, Saint Paul, MN 55106
4beds
2baths
3,016sqft
Est.:
Duplex Up and Down
Built in 1923
-- sqft lot
$225,500 Zestimate®
$75/sqft
$-- HOA
What's special
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