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For Sale:  Saint Paul MLS# 6671886

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Active
$750,000
/mo Edit
Commercial:  Mixed Use,Low Rise,Office,Other
Built 1916
0.11 acres
St. Paul schools
MLS# 6671886
763-576-8286
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    Property Description

    Come take a look at this beautiful building that was painstakingly rehabbed since 2020. You can use this office as an owner occupant and the tenants can pay your mortgage! The office features 3 private offices, a reception office a waiting area and a private conference room that could also be an office if no conference room is needed. Check out the rents and all that this building has to offer. The Electrical, plumbing, boiler, baseboard heating, flooring, and most everything else you can think of has been replaced or renewed. There is a 2 bedroom unit with an attached one car garage on the first floor. It features 9 foot + ceilings 2 great bedrooms a tiled bathroom and a laundry room in the basement. The 2 upper units are both 3 bedrooms and while one of them has 2 full baths the other one is 1 3/4 bath. both upper units have laundry in a closet and all 3 units have beautiful new kitchens that feature granite counters, stainless appliances including a dishwasher and over the stove Microwave. There are 2 separate garage stalls for these 2 units that do not enter into the building. Come take a look at this building that will help cut your office expenses by offsetting them with great rents! All units have the water separated with the office on the main meter and each unit on a charge back meter so you can charge tenants for water and sewer. Each unit has a smart thermostat so you can calculate the percentage each unit is calling for heat so you can charge back the heat to each unit. There is a garbage bin and recycling bin for each unit so you can charge garbage back to the tenant. The 3 new water heaters, all new pex supply plumbing and mostly new waste plumbing make this building low maintenance for years to come!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $750,000
    Property Type: Commercial
    City: Saint Paul
    Garage Spaces: 3
    County: Ramsey
    Year Built: 1916
    State: MN
    Property Style: Mixed Use, Low Rise, Office, Other
    Zip Code: 55106
    Neighborhood/Area: Payne-Phalen
    Subdivision Name: Cloverdale, St Paul, Minn

    Interior

    Ceiling Height: Varied Heights
    Ranges: Three
    Refrigerators: Three
    Appliances Included:
    • Dishwasher
    • Dryer
    • Electric Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Basement Details:
    • Block
    • Posts
    • Single Tenant Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Other Parking Spaces: 4
    Air Conditioning: None
    Foundation Size: 1,800 ft2
    Foundation Dimensions: 60 X 30
    Handicap Accessible: Doors 36"+, Hallways 42"+, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    • Radiator(s)
    • Zoned
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    • More Parking Offsite for Fee
    • Multiple Garages
    • No Int Access to Dwelling
    • Parking Lot
    • Paved
    • Tuckunder Garage
    • Units Vary
    Shared Amenities: None
    Unit Amenities:
    • Hardwood Floors
    • Kitchen Window
    • Natural Woodwork
    • Paneled Doors
    • Security Lights
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Fiber Board
    • Metal Siding
    • Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Rubber
    • Tar/Gravel

    Lot & Land

    Acres: 0.11
    Geolocation: 44.977279, -93.055025
    Inclusions: Building, Leases
    Lot Dimensions: 40 X 122
    Zoning:
    • Business/Commercial
    • Other
    • Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Insurance Expense: $2,247
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $9,250
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,250

    Income

    Annual Gross Income: $84,012

    Units

    Total Units: 4

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

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