1049 Gorman Avenue West Saint Paul, MN 55118

Features

Features

Property Features

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NorthstarMLS® data last updated at July 23, 2020 7:53 PM CT

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{"Id":621791,"ORGTABLE":"RAW_Property","MLSCLASS":"RES","MLSNUMBER":"NST7156355","MLSAGENTID":"NST502045564","MLSOFFICEID":"NST251939","ADDRESS":"1049 Gorman Avenue","ACRES":0.16,"AGENTOWNER":false,"AUCTIONYN":false,"BASEMENT":"Block,Finished,Kitchenette","BATHSTOTAL":3.0,"BEDROOMS":6.0,"CITY":"West Saint Paul","CONTINGENCY":"None","COUNTY":"Dakota","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":449900.0,"LASTPRICEDATE":"2026-10-07T18:18:06.843","LATITUDE":44.9146,"LENDEROWNED":"No","LISTDATE":"2026-10-07T05:00:00","LISTPRICE":449900.0,"LIVINGAREA":2846.0,"LONGITUDE":-93.084008,"MODIFICATIONTIMESTAMP":"2026-10-08T10:09:15.94","OFFICE_OFFICENAME":"Ashworth Real Estate","PHOTOCOUNT":20,"POSTALCODE":"55118","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Fantastic owner-occupant or investment opportunity! This 6-bedroom, 3-bath triplex offers three separate\nliving spaces with excellent income potential.\nTurnkey 6-bedroom, 3-bath triplex with strong income potential in West St. Paul. Three separate living spaces include a 1BR/1BA lower unit, 2BR/1BA main-level unit with two living areas and private laundry, and spacious 3BR/1BA upper unit. Rental-grade renovations have already been completed, making this an excellent opportunity for an investor or owner-occupant.\nPro-forma rents of approximately $5,050/month ($60,600 annually), plus potential garage income. At the $449,900 asking price, this represents an approximately 8.1% pro-forma cap rate using a 40% operating-expense assumption.\nProperty features a 2+ car detached garage, corner lot and location directly across from a park. Excellent opportunity to acquire a renovated three-unit property with multiple income streams and strong rental potential.\n\n\nThe spacious main-level unit features 2 bedrooms, a dining room, private laundry and central air-perfect\nfor an owner-occupant. Live comfortably on the main level while generating rental income from the other\ntwo units.\n\nThe upper-level unit features 3 bedrooms, plus additional attic space for storage. The lower-level unit offers 1 bedroom, kitchen, bathroom, dining room and living room, providing another source of rental income. Laundry shared for Upper and Lower unit. The exterior features low-maintenance vinyl siding and a 2-car garage. A great opportunity to live in one unit while the other units help offset your housing costs-or add a solid multi-unit property to your investment portfolio.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SCHOOLDISTRICTNUMBER":"197-West St. Paul-Mendota Hts.-Eagan","SCHOOLDISTRICTPHONE":"6514037002","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-10-07T18:18:06.843","LASTSTATUS":"Active","STREETNAME":"Gorman","STREETNUMBER":"1049","STREETSUFFIX":"Avenue","STYLE":"Triplex","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1941,"HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-10-07T18:17:09.65","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"Unit 1 Kitchen\"},{\"Order\":3,\"Remarks\":\"Unit 1 Dining Room\"},{\"Order\":4,\"Remarks\":\"Unit 1 Bedroom\"},{\"Order\":5,\"Remarks\":\"Unit 1 Laundry\"},{\"Order\":6,\"Remarks\":\"Unit 1 Bedroom\"},{\"Order\":7,\"Remarks\":\"Unit 1 Living Room\"},{\"Order\":8,\"Remarks\":\"Unit 3 Living and Dining Room\"},{\"Order\":9,\"Remarks\":\"Unit 2 Kitchen\"},{\"Order\":10,\"Remarks\":\"Unit 2 Bedroom\"},{\"Order\":11,\"Remarks\":\"Unit 2 Living Room\"},{\"Order\":12,\"Remarks\":\"Unit 2 Living Room\"},{\"Order\":13,\"Remarks\":\"Unit 2 Full Bathroom\"},{\"Order\":14,\"Remarks\":\"Unit 2 Bedroom\"},{\"Order\":15,\"Remarks\":\"Unit 2 Bedroom\"},{\"Order\":20,\"Remarks\":\"2 Car Garage with Shop\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20","SOURCE":"MG_NST"}