About 1541 Charles Avenue, Saint Paul, Minnesota, 55104
Excellent owner occupant or investor opportunity to own a fully updated triplex with one fully furnished Airbnb in a great location near Allianz Field. The main floor + lower level apartment is 3 bedrooms, 2 baths, and features hardwood floors, new stainless steel appliances, quartz countertops, washer/dryer, dishwasher, fully updated bathroom with tile surround shower and an attached garage. The top floor of the home features two fully furnished 1 bedroom Airbnb's with separate exterior access. Roof was replaced in 2023.
Total gross annual revenue ~$61,200 with avg gross monthly income per unit as follows:
Apt 1: $1,925/month leased through 7/30.
Apt 2: $1,090/month leased through June '26.
Apt 3 Airbnbs: $2,083/month avg gross revenue (additional monthly expenses for STR include cleaning $300/mo & mgmt fees $400/mo).
1541 Charles is a fantastic opportunity to add a cash flowing property to your portfolio or the perfect starter home to begin your investment journey.