813 Blair Avenue, Saint Paul, MN 55104

Property Description

Price Improved! Rare opportunity to own two completely separate homes with a detached 3-car garage on an oversized double lot in the heart of St. Paul! Whether you're looking to expand your investment portfolio, live in one home while renting the other to offset your mortgage, or accommodate multi-generational living, this unique legal duplex offers exceptional flexibility. Both homes are currently vacant, providing immediate occupancy or the opportunity to lease at current market rents. Projected market rents are estimated at approximately $3,800-$4,000 per month. ** Front House: Approximately 2,537 finished sq. ft. featuring 4 bedrooms plus a den (possible 5th bedroom), 2 bathrooms, spacious living and dining rooms, enclosed front porch, refinished hardwood floors, fresh interior paint, updated kitchen and bathrooms, and new flooring in several areas. ** Rear House: Approximately 1,233 finished sq. ft. featuring 1 bedroom plus a loft (possible 2nd pass-through bedroom), 1 bathroom, hardwood floors, fresh interior paint, updated kitchen and bathroom, and new flooring. Recent capital improvements include new roofs on both homes and the detached 3-car garage, rebuilt chimneys, refinished hardwood floors, fresh interior paint throughout both homes, updated kitchens and bathrooms, and new luxury vinyl plank flooring and carpet. Separate gas and electric meters provide added convenience, while the oversized yard, mature trees, detached 3-car garage, and additional off-street parking create a setting that is difficult to find in today's market. Conveniently located near Frogtown Park & Farm, Como Regional Park, Allianz Field, shopping, restaurants, light rail, public transportation, and major freeways. This truly one-of-a-kind property offers immediate occupancy, strong rental income potential, and exceptional flexibility for investors, owner-occupants, and multi-generational households alike. Pro forma investment analysis and Offering Memorandum available upon request.