๐ฅ ST. PAUL DUPLEX โ CREATIVE FINANCING OPPORTUNITY
๐ 380 Larpenteur Ave E, St. Paul, MN
๐ฐ Price: $340K
๐ Duplex | 2 bed / 1 bath each unit
๐ ~1,800 sqft | Separate utilities
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๐ธ CURRENT INCOME:
โข $3,070/month rents
โข + Garage + parking upside (~$400+/mo potential)
โข ~$3,400โ$3,500/mo stabilized
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๐ EXPENSES (approx):
โข Taxes: ~$7K/year
โข Insurance: ~$1.4K/year
โข Water/Trash: Owner paid
๐ Solid in-place cash flow with upside
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๐ฅ TERMS (KEY VALUE HERE):
โข $125K down
โข Seller financing on remaining balance
โข 0โ3% interest (depending on structure)
โข 12 months before payments begin
โข Then small monthly payments
โข 5โ7 year balloon
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๐ง WHY THIS WORKS:
โข Low interest debt = strong yield
โข Deferred payments = time to stabilize / refi
โข No bank qualification needed
โข Seller is motivated and flexible
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โ ๏ธ Seller has other interest โ prefers a serious buyer who can execute quickly.
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๐ฆ BONUS:
Additional 4plex available (~$520K) if looking to scale.
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๐ฒ Direct to seller
Serious buyers DM or text: 612-407-4168