Dan Kaercher

Dan Kaercher

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$299,900

($104,237 down)
FHA

624 James Avenue, Saint Paul, MN 55102

N/A
N/A
1,592 sqft
PITI Monthly
$1,558.03 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

2.83%
7.15%

Principal & Interest

$883 /mo
$1,445 /mo

What's Special

LOCATION
ENTERTAINMENT
SPACIOUS
MODERN
PUBLIC TRANSPORTATION
INCOME POTENTIAL

Well-Kept Duplex Near Downtown St. Paul – Prime Location and Income Potential! This beautifully maintained duplex is located within just two miles of vibrant downtown St. Paul, offering easy access to an array of eateries, bars, breweries, and entertainment options, including the St. Paul Saints baseball stadium and Wild hockey games. It’s the perfect spot for anyone who enjoys the excitement of city life with the convenience of being close to everything! This property features two spacious, well-appointed two-bedroom units, providing a fantastic opportunity for income generation. Expand the income capability by adding a third bedroom on the second floor. The duplex also includes a generous 4-car paved parking area – a rare find in this area. Whether you're a first-time buyer looking for an investment property or an experienced investor seeking a property with great rental potential, this home offers endless possibilities. Commuting is a breeze with excellent access to major roads, and many destinations are within walking distance, including parks, shops, and public transportation. The property boasts newer mechanicals, updated siding, and a new roof. Inside, the kitchens have been updated with modern cabinets and countertops, adding to the overall appeal and functionality of the property. This is a rare opportunity to own a well-maintained, income-producing property in a sought-after location. Market rent in the area for a two bedroom is approximately $1,400 a month and $1,600 a month for a three bedroom. Don’t miss your chance – schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,558.03/mo
Estimated Loan Balance
$198,171
Cash to close
$104,237
Interest Paid
$23,183

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
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
  • Metal Siding, Vinyl Siding, Wood Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Thomas Dalys Sub Of Blks18&31
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Saint Paul

Financial Details

  • Price per Sqft: $188.38
  • Tax Annual Amount: $4484
  • On Market Date: 2025-01-23T00:00:00.000Z
Inquire about this property

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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 $104,237 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $104,237!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$195,663
Your Cash$104,237
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$883/mo
Traditional @ 7.5%
$1,499/mo
You save $617/month ($7,399/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6651049

Listing From: northstar

Last updated: 2025-04-01T08:59:03.000Z

© , 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

2.83%
7.15%

Principal & Interest

$883 /mo
$1,445 /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 $104,237 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $104,237!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$195,663
Your Cash$104,237
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$883/mo
Traditional @ 7.5%
$1,499/mo
You save $617/month ($7,399/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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