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Active Contingent
$1,000,000
/mo Edit
Commercial:  Apartments
Built 1950
0.23 acres
West St. Paul-Mendota Hts. schools
MLS# 6636733
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    Property Description

    Discover 97 Orme St E, a 7, 980 SF 10-unit (Ten 1-bed/1-bath) multifamily property in the heart of West St. Paul, built in 1950. This property is located in Dakota County, meaning it is free from Saint Paul's rent control ordinance, making it a rare and highly desirable investment. Properties in this location, just outside the limits of Saint Paul, are in high demand due to their scarcity and strong investment potential. Positioned in one of the busiest retail corridors of West St. Paul, this property is surrounded by thriving businesses, restaurants, and shops. Its location offers excellent accessibility, with convenient proximity to public transportation, including bus lines, making it a sought-after choice for tenants seeking both convenience and connectivity. Buyer agent to verify all measurements.

    Listing

    Contingency: Inspection
    City: West Saint Paul
    County: Dakota
    State: MN
    Property Style: Apartments
    Zip Code: 55118
    Subdivision Name: Humes S L Add

    Interior

    Ranges: One
    Refrigerators: One

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Other Parking Spaces: 6
    Air Conditioning: Window Unit(s)
    Foundation Size: 2,600 ft2
    Handicap Accessible: None
    Heating System: Hot Water
    Parking Features:
    • More Parking Offsite for Fee
    • Parking Lot
    • Paved
    • Shared Driveway
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.23
    Geolocation: 44.910829, -93.081044
    Inclusions: Building, Land, Leases, Rental License
    Lot Dimensions: 160 x 60
    Zoning: Residential-Multi-Family

    Schools

    School District: 197
    District Phone: 651-403-7002

    Expenses

    Annual Electric Expense: $1,400
    Annual Insurance Expense: $7,000
    Annual Trash Expense: $3,000
    Annual Water/Sewer Expense: $6,000
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $12,968
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,968

    Units

    Total Units: 10

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.