Laura Jewett

Laura Jewett

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Closed

$285,000

($47,922 down)
FHA

1125 Beech Street, Saint Paul, MN 55106

N/A
N/A
2,157 sqft
PITI Monthly
$1,882.04 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,117 /mo
$1,691 /mo

What's Special

INVESTORS
LOCATION
MODERN
PUBLIC TRANSPORTATION
CHARMING
RENTAL INCOME

Welcome to this charming up/down duplex, offering a perfect blend of classic charm and modern updates. Each unit features 2 bedrooms and 1 bathroom, making it ideal for both homeowners and investors. The upstairs unit boasts a newly updated bathroom and a new boiler system. The downstairs unit, also with 2 bedrooms, enjoys a newer boiler system and is currently rented until Spring 2025, providing immediate rental income! Shared amenities include clearly labeled boilers in the basement and shared laundry facilities, adding to the convenience for both units. Located just a mile from Metro State University, this duplex is in a prime location, along with it's proximity to local amenities, public transportation, and vibrant community attractions enhances its appeal. With great house hacking potential, this property offers the opportunity to live in one unit while renting out the other. Don’t miss out on this well-maintained duplex in a fantastic location! Also, this property qualifies for a $15k frgivable grant! Contact the list agent for additional information.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$1,882.04/mo
Estimated Loan Balance
$237,945
Cash to close
$47,922
Interest Paid
$25,847

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Age Over 8 Years
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Age Over 8 Years
Condition
  • Year Built: 1888
Details
  • Builder:

Community & HOA

Community
  • Subdivision: A Gotzians Re Of Sigels Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Paul

Financial Details

  • Price per Sqft: $132.13
  • Tax Annual Amount: $5248
  • On Market Date: 2024-10-10T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $47,922 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $47,922!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$237,078
Your Cash$47,922
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,117/mo
Traditional @ 7.5%
$1,754/mo
You save $637/month ($7,641/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6616307

Listing From: northstar

Last updated: 2024-11-18T18:02:02.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,117 /mo
$1,691 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $47,922 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $47,922!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$237,078
Your Cash$47,922
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,117/mo
Traditional @ 7.5%
$1,754/mo
You save $637/month ($7,641/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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