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M2 Real Estate Group Inc. is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
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{"Id":1346647,"ORGTABLE":"RAW_Property","MLSCLASS":"RES","MLSNUMBER":"NST6721712","MLSAGENTID":"NST506017981","MLSOFFICEID":"NST10574","ADDRESS":"485 Belvidere Street E","ACRES":0.11,"AGENTOWNER":false,"AUCTIONYN":false,"BASEMENT":"Single Tenant Access","CITY":"Saint Paul","CONTINGENCY":"None","COUNTY":"Ramsey","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Vinyl Siding","FORECLOSURE":"No","LASTPRICE":539000.0,"LASTPRICEDATE":"2025-05-15T22:23:03.477","LATITUDE":44.922383,"LENDEROWNED":"No","LISTDATE":"2025-05-15T05:00:00","LISTPRICE":539000.0,"LIVINGAREA":3600.0,"LONGITUDE":-93.065072,"MODIFICATIONTIMESTAMP":"2025-05-16T10:12:08.217","NEIGHBORHOOD":"West Side","OFFICE_OFFICENAME":"M2 Real Estate Group Inc.","PHOTOCOUNT":26,"POSTALCODE":"55107","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Turnkey 4-Unit Property with Cash Flow, Tax Savings & Modern Updates!\n\nThis well-maintained 4-unit multifamily property is a smart investment opportunity offering consistent income, valuable upgrades, and significant tax advantages. Enrolled in the 4d Affordable Housing Program, the property benefits from dramatically reduced property taxes—just $1,385.56 annually, down from $5,992.36.\n\nWith a current Net Operating Income (NOI) of $37,486, a buyer putting 25% down at a 6.48% interest rate would have an estimated annual mortgage payment of $30,597.84, resulting in approximately $7,000 in annual cash flow—with upside potential through future rent increases or continued unit upgrades.\n\nEach unit is separately metered, and tenants pay their own utilities, increasing operational efficiency. The current owner has added solid surface countertops and stainless steel appliances in some units, enhancing both durability and tenant appeal.\n\nThis is a low-maintenance, income-generating property with built-in efficiency and room for growth—perfect for both seasoned investors and owner occupants.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SCHOOLDISTRICTNUMBER":"625-St. Paul","SCHOOLDISTRICTPHONE":"651-767-8100","SEWER":"City Sewer - In Street","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2025-05-15T22:23:03.477","LASTSTATUS":"Active","STREETDIRSUFFIX":"E","STREETNAME":"Belvidere","STREETNUMBER":"485","STREETSUFFIX":"Street","STYLE":"Quadruplex","TRANSACTIONTYPE":"For Sale","WATER":"City Water - In Street","WATERFRONTPRESENT":false,"YEARBUILT":1893,"HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2025-05-16T02:08:05.084","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"01_485_Belvidere1_mls.jpg\"},{\"Order\":2,\"Remarks\":\"02_485_Belvidere2_mls.jpg\"},{\"Order\":3,\"Remarks\":\"14_485_Belvidere14_mls.jpg\"},{\"Order\":4,\"Remarks\":\"13_485_Belvidere13_mls.jpg\"},{\"Order\":5,\"Remarks\":\"15_485_Belvidere15_mls.jpg\"},{\"Order\":6,\"Remarks\":\"12_485_Belvidere12_mls.jpg\"},{\"Order\":7,\"Remarks\":\"03_485_Belvidere3_mls.jpg\"},{\"Order\":8,\"Remarks\":\"04_485_Belvidere4_mls.jpg\"},{\"Order\":9,\"Remarks\":\"05_485_Belvidere5_mls.jpg\"},{\"Order\":10,\"Remarks\":\"06_485_Belvidere6_mls.jpg\"},{\"Order\":11,\"Remarks\":\"07_485_Belvidere7_mls.jpg\"},{\"Order\":12,\"Remarks\":\"08_485_Belvidere8_mls.jpg\"},{\"Order\":13,\"Remarks\":\"09_485_Belvidere9_mls.jpg\"},{\"Order\":14,\"Remarks\":\"10_485_Belvidere10_mls.jpg\"},{\"Order\":15,\"Remarks\":\"11_485_Belvidere11_mls.jpg\"},{\"Order\":16,\"Remarks\":\"16_485_Belvidere16_mls.jpg\"},{\"Order\":17,\"Remarks\":\"17_485_Belvidere17_mls.jpg\"},{\"Order\":18,\"Remarks\":\"18_485_Belvidere18_mls.jpg\"},{\"Order\":19,\"Remarks\":\"19_485_Belvidere19_mls.jpg\"},{\"Order\":20,\"Remarks\":\"20_485_Belvidere20_mls.jpg\"},{\"Order\":21,\"Remarks\":\"21_485_Belvidere21_mls.jpg\"},{\"Order\":22,\"Remarks\":\"22_485_Belvidere22_mls.jpg\"},{\"Order\":23,\"Remarks\":\"23_485_Belvidere23_mls.jpg\"},{\"Order\":24,\"Remarks\":\"24_485_Belvidere24_mls.jpg\"},{\"Order\":25,\"Remarks\":\"25_485_Belvidere25_mls.jpg\"},{\"Order\":26,\"Remarks\":\"26_485_Belvidere26_mls.jpg\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26","SOURCE":"MG_NST"}
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Unit 1 is on the first floor.","InternetAddressDisplayYN":"True","InternetEntireListingDisplayYN":"True","ManagerExpense":"0","ElectricExpense":"0","FuelExpense":"0","InsuranceExpense":"0","MaintenanceExpense":"0","OtherExpense":"0","OperatingExpense":"13869.32","TrashExpense":"0","WaterSewerExpense":"0","NST_Expenses":"13869.3200","ConstructionMaterials":"Vinyl Siding","NST_ForeclosureStatus":"No","FoundationArea":"1800","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","ParkingFeatures":"Gravel","GrossIncome":"51355.52","AccessibilityFeatures":"None","Heating":"Radiator(s)","OriginalEntryTimestamp":"2025-05-15T22:18:54Z","LandLeaseYN":"False","NST_LastUpdateDate":"2025-05-16","Latitude":"44.922383","NST_LenderOwned":"No","ListAgentKey":"NST229200","ListAgentMlsId":"NST506017981","ListingContractDate":"2025-05-15T05:00:00Z","ListOfficeKey":"NST17528","ListOfficeName":"M2 Real Estate Group Inc.","ListOfficeMlsId":"NST10574","ListPrice":"539000","LivingArea":"3600","LockBoxType":"Combo","Longitude":"-93.065072","LotSizeDimensions":"125 x 40","LotSizeUnits":"Acres","ListingId":"NST6721712","SourceSystemName":"RMLS","MapCoordinateSource":"King's Street Atlas","AdditionalParcelsYN":"False","NST_NeighborhoodNumber":"West Side","NST_OfficeBoard":"SPAAR","NST_OwnerOccupied":"No","OwnerPays":"Sewer,Trash Collection","ParcelNumber":"092822330009","GarageSpaces":"0","PhotosCount":"26","PostalCity":"Saint Paul","PostalCode":"55107","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PublicRemarks":"Turnkey 4-Unit Property with Cash Flow, Tax Savings & Modern Updates!\n\nThis well-maintained 4-unit multifamily property is a smart investment opportunity offering consistent income, valuable upgrades, and significant tax advantages. Enrolled in the 4d Affordable Housing Program, the property benefits from dramatically reduced property taxes—just $1,385.56 annually, down from $5,992.36.\n\nWith a current Net Operating Income (NOI) of $37,486, a buyer putting 25% down at a 6.48% interest rate would have an estimated annual mortgage payment of $30,597.84, resulting in approximately $7,000 in annual cash flow—with upside potential through future rent increases or continued unit upgrades.\n\nEach unit is separately metered, and tenants pay their own utilities, increasing operational efficiency. 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Martins 1st Addition, To","NST_TaxWithAssessments":"2248.0000","TaxYear":"2025","TaxAnnualAmount":"1386","TenantPays":"Electricity","NumberOfUnitsTotal":"4","WaterSource":"City Water - In 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