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For Sale:  Saint Paul MLS# 7073698

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Active NEW!
$621,300
/mo Edit
Commercial:  2 Stories
Built 1914
0.105 acres
St. Paul schools
MLS# 7073698
763-576-8286
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    Property Description

    Mixed-use investment opportunity in St Pauls West Side neighborhood featuring three residential units and one commercial space. Fully occupied as of 5/16, the property offers stable occupancy with long-term upside potential through operational improvements and income optimization. Property features a large yard area and four off-street parking spaces for tenant and commercial use. Conveniently located near local businesses, parks, transit routes, and downtown St Paul access. Utilities are currently partially owner-paid, with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026. Future ownership will have the opportunity to improve NOI through utility cost recovery and enhanced management efficiencies.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $621,300
    Property Type: Commercial
    City: Saint Paul
    Garage Spaces: 0
    County: Ramsey
    Year Built: 1914
    State: MN
    Property Style: 2 Stories
    Zip Code: 55107
    Neighborhood/Area: 104
    Subdivision Name: Dawsons Re Of B59 W St Paul

    Interior

    Ceiling Height: 8-10
    Flooring: Carpet, Tile, Vinyl, Wood
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Full
    • Shared Access
    • Single Tenant Access
    • Storage Space
    • Storage/Locker

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: None
    Foundation Size: 2,080 ft2
    Foundation Dimensions: 40x52
    Fencing: Chain Link, Wood
    Handicap Accessible: Hallways 42"+
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    • Radiator
    Parking Features:
    • Gravel
    • Parking Lot
    • Unassigned
    Unit Amenities: None
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Brick
    • Concrete
    • Frame
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.105
    Geolocation: 44.931618, -93.090848
    Inclusions: Building, Fixture/Equipment, Leases, Rental License
    Lot Dimensions: 40 x 115
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Farm

    Topography: Level

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Tenant Expenses: Electricity, Gas, See Remarks

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $10,415
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $10,734

    Income

    Annual Gross Income: $77,604

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Office
    • Residential
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    • Hot Water Common
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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!

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