1048 Lafond Avenue

St. Paul, MN 55104

This well-maintained triplex offers a prime investment opportunity or the perfect owner-occupied home with rental income. Several major updates have already been completed, making this property a great value. Improvements include a brand-new roof, all-new plumbing, and a new deck. The boiler is also just a few years old, ensuring long-term reliability. Lower level unit is a fully renovated 1-bedroom unit with a modern kitchen, new bathroom, and fresh paint throughout. The 1st floor is occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit rents for $1,100 per month with a lease through March 2025. Situated on a double lot in a highly sought-after location, this property is conveniently located between University Avenue and Como Park, offering easy access to local amenities, transit, and green spaces. Don't miss this rare opportunity to own a triplex with stable cash flow and extensive recent updatesideal for both investors and owner-occupants looking to offset their mortgage with rental income.

This is an Active listing.

Broker Office Phone Number: 651-203-1700

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