For Sale: Saint Paul MLS# 6625824
Active
$620,000
Commercial: Apartments
Built 1917
0.13 acres
St. Paul schools
MLS# 6625824
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Property Description
Cash-flowing investment opportunity!
This 7-units, fully rented property, Brand new roofing just changed and some update on sidings. On a corner lot is a solid performer. Coin-operate laundry is the lower level, shared storage lockers, and a spacious backyard add extra value for tenants. Plus, a bank of garages provides additional income potential.
This well-maintained building is a great opportunity for investors seeking long-term profitability. Buyers and Buyers agent to verify the measurements. Schedule your showing today. At least two units will be available for viewing within 24-hours notice. Gross Monthly Rent $6, 985!!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$620,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
1917
State:
MN
Property Style:
Apartments
Zip Code:
55106
Neighborhood/Area:
Payne-Phalen
Subdivision Name:
Nelsons Add
Exterior
Garage Spaces:
4
Other Parking Spaces:
4
Foundation Size:
6,267 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached
Exterior Material:
- Stucco
- Vinyl Siding
Lot & Land
Acres:
0.13
Geolocation:
44.970576, -93.061105
Inclusions:
Building
Lot Dimensions:
0
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Gross Expense:
$26,492
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$9,552
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,552
Income
Annual Gross Income:
$83,820
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.