FULLY OCCUPIED 4-PLEX ON ST. PAUL'S WEST SIDE. LOCATED IN A TUCKED-AWAY RESIDENTIAL BLOCK WITH EASY ACCESS TO DOWNTOWN, WEST SIDE FLATS, AND DISTRICT DEL SOL. NEAR PARKS, RESTAURANTS, AND TRANSIT. TWO 2BR/1BA AND TWO 1BR/1BA UNITS, 2,950 SF TOTAL. ALL FOUR TENANTS ON SIGNED LEASES (MID-2026 THROUGH MID-2027) WITH RENTS RAISED DURING THE MOST RECENT LEASE-UP CYCLE. CURRENT RENTS STILL SIT BELOW MARKET CEILING, LEAVING ROOM ON RENEWALS. TENANTS PAY GAS AND ELECTRIC; LANDLORD COVERS WATER/SEWER AND TRASH. ENROLLED IN ST. PAUL'S 4D AFFORDABLE HOUSING INCENTIVE PROGRAM, FEATURING UP TO 80% REDUCTION IN PROPERTY TAX CLASS RATES. THE COVENANT TRANSFERS WITH THE PROPERTY, WITH ESTIMATED ANNUAL SAVINGS OF $4,600+ OVER STANDARD RATES. CONTACT THE LISTING AGENTS FOR PROGRAM DETAILS, RENT/INCOME LIMITS, AND RECERTIFICATION REQUIREMENTS. TWO UNITS TURNED OVER IN MID-2025 AND WERE RE-LEASED AT MEANINGFULLY HIGHER RENTS. THE RECENT TURNOVER CYCLE IS COMPLETE; ALL FOUR UNITS ARE PERFORMING WELL WITH NO DEFERRED MAINTENANCE CARRIED OVER. PRICED UNDER $500K WITH A LOW TAX BASIS, STRONG OCCUPANCY, AND CASH FLOW IN PLACE. THIS IS A RARE COMBINATION TO FIND IN ST. PAUL'S CURRENT MARKET. REACH OUT TO THE LISTING AGENTS FOR FINANCIALS AND SHOWING AVAILABILITY.