For Sale: Saint Paul MLS# 7006221
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Property Description
Well-maintained 10-unit apartment building featuring nine spacious two-bedroom units and one three-bedroom unit, all nicely renovated in recent years. The property is ideally located near the University of St. Thomas in St. Paul, offering strong rental appeal. Conveniently positioned between downtown St. Paul and Minneapolis, residents enjoy easy access to both cities along with nearby neighborhood amenities, dining, shopping, and essential services. A solid investment opportunity in a highly desirable location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,800,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1916
State:
MN
Property Style:
2 Stories
Zip Code:
55104
Neighborhood/Area:
96
Interior
Ceiling Height:
Less Than 8 Feet
Flooring:
Wood
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
None
Foundation Size:
11,232 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
None
Unit Amenities:
Hardwood Floors
Road Frontage:
City Street
Exterior Material:
Stone
Roof Details:
- Age Over 8 Years
- Flat
- Rubber
Lot & Land
Acres:
0.158
Geolocation:
44.946957, -93.192189
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
46 x 150
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Fuel Expense:
$13,799
Annual Insurance Expense:
$10,959
Annual Maintenance Expense:
$6,837
Annual Trash Expense:
$3,897
Annual Water/Sewer Expense:
$4,828
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$28,030
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$28,030
Income
Annual Gross Income:
$218,489
Rent
Annual Net Income:
$125,488
Units
Total Units:
10
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker 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.