940 3rd St E is a fully occupied 7-unit multifamily property located in St.? Paul, MN.? The property features a mix of 2-bedroom, 1-bedroom, and studio units with a proforma NOI of $46,767 and a proforma cap rate of 8.91%.? The building is enrolled in the 4D tax program that reduces property taxes by up to 80%, providing significant tax savings.? Recent improvements include a new hot water heater (2025), complete basement workshop area cleanout, dry wall repairs in stairwells, and unit updates throughout.? Call Luke at 651-428-7814 for more information and to schedule a private viewing.?