For Sale: Saint Paul MLS# 6658653
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Property Description
Better than the coveted "1%" property! A must-see beautiful historic building with sweeping views of downtown St. Paul, this fully-leased 7-unit property is primed to deliver long-term value. This unique property features hardwood floors, intricate wood trim, a fireplace, 3rd story loft with private deck and panoramic views of downtown, many long-term tenants and plenty of space throughout. Brick exterior. Monthly income = $8, 055 (9.7% cap!!). Unit breakdown is 3 2-BR, 1 BR, 2 studios and a saloon/commercial space. 8 bathrooms total.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$625,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
1
County:
Ramsey
Year Built:
1886
State:
MN
Property Style:
Other
Zip Code:
55106
Neighborhood/Area:
Dayton's Bluff
Subdivision Name:
Lyman Dayton Add
Interior
Ceiling Height:
8-10
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Dishwasher
- Dryer
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
Basement Details:
- 8 ft+ Pour
- Daylight/Lookout Windows
- Partially Finished
- Single Tenant Access
- Stone/Rock
- Storage Space
- Walkout
Exterior
Stories:
Three Or More
Garage Spaces:
1
Other Parking Spaces:
2
Air Conditioning:
Window Unit(s)
Foundation Size:
2,356 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Concrete
- Detached
- Open
Shared Amenities:
- Common Garden
- Deck
Unit Amenities:
- Balcony
- Cable
- Ceiling Fan(s)
- City View
- Deck
- Hardwood Floors
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Natural Woodwork
- Paneled Doors
- Porch
- Skylight
- Tile Floors
- Vaulted Ceiling(s)
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Shake Siding
- Wood Siding
Roof Details:
- Age Over 8 Years
- Asphalt
- Shake
Lot & Land
Acres:
0.15
Geolocation:
44.953212, -93.066414
Inclusions:
Building, Fixture/Equipment, Land, Leases
Lot Dimensions:
80 x 80
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Farm
Topography:
High Ground, Walkout
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Tenant Expenses:
Cable TV, Electricity, Fuel, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$12,167
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,167
Income
Annual Gross Income:
$96,660
Units
Total Units:
7
Miscellaneous
Current Use:
- Other
- Residential
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of Fox Realty.
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.