Description
Yes, it's late fall and there are many examples of real estate winding down for the year. Still, opportunity knows no seasons. For anyone reading this verbiage, you know how few duplexes come available, especially in great suburbs like Oakdale, in any given year (in 2023 that number was TWO). As an investor or owner occupant, are you ready? 6162/6166 Upper 51st Street is a great little pocket in northern Oakdale with super easy access to Highway 36 and I-694. Silver Lake in North St. Paul, the paved Gateway Trail/Brown's Creek Trail go all the way to downtown Stillwater. Multiple restaurant and shopping options are less than 10 minutes: all the things an owner or renter would place high on their “must have” list .Each unit offers 2 bedrooms, a full bathroom, living room, kitchen and patio door to access the backyard all on the upper or main level. The true opportunity here may, in fact, be the unfinished lower levels of both units. If you're the roll up your sleeves and get to work type of person, then adding two bedrooms a second bathroom and family room are well within your reach. And the large back yard: it appears there would be plenty of room to add a garage/garages in the backyard which would further increase the value both in terms of additional rental income and long-term appreciation. Please verify this option with the City of Oakdale if you might consider adding garages. The building is priced competitively and both tenants would like to stay.
MLS ID: 6632535
Directions: Century/Geneva Avenue (Minnesota Highway 120) to Upper 51st Street. East to property on left (north side of Upper 51st Street)