St Paul Off Market Duplex
๐Ÿ”ฅ ST. PAUL DUPLEX โ€“ CREATIVE FINANCING OPPORTUNITY
๐Ÿ“ 380 Larpenteur Ave E, St. Paul, MN
๐Ÿ’ฐ Price: $340K
๐Ÿ  Duplex | 2 bed / 1 bath each unit
๐Ÿ“ ~1,800 sqft | Separate utilities
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๐Ÿ’ธ CURRENT INCOME:
โ€ข $3,070/month rents
โ€ข + Garage + parking upside (~$400+/mo potential)
โ€ข ~$3,400โ€“$3,500/mo stabilized
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๐Ÿ“Š EXPENSES (approx):
โ€ข Taxes: ~$7K/year
โ€ข Insurance: ~$1.4K/year
โ€ข Water/Trash: Owner paid
๐Ÿ‘‰ Solid in-place cash flow with upside
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๐Ÿ”ฅ TERMS (KEY VALUE HERE):
โ€ข $125K down
โ€ข Seller financing on remaining balance
โ€ข 0โ€“3% interest (depending on structure)
โ€ข 12 months before payments begin
โ€ข Then small monthly payments
โ€ข 5โ€“7 year balloon
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๐Ÿง  WHY THIS WORKS:
โ€ข Low interest debt = strong yield
โ€ข Deferred payments = time to stabilize / refi
โ€ข No bank qualification needed
โ€ข Seller is motivated and flexible
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โš ๏ธ Seller has other interest โ€” prefers a serious buyer who can execute quickly.
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๐Ÿ“ฆ BONUS:
Additional 4plex available (~$520K) if looking to scale.
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๐Ÿ“ฒ Direct to seller
Serious buyers DM or text: 612-407-4168
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Amos Manneh
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St Paul Off Market Duplex
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