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For Sale:  Saint Paul MLS# 7073764

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Active NEW!
$678,300
/mo Edit
Commercial:  2 Stories
9 br • 5 ba • Built 1904
0.175 acres
St. Paul schools
MLS# 7073764
763-576-8286
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    Property Description

    Rare opportunity to own a historic St Paul mansion thoughtfully converted into a 5-unit multifamily property complete with a charming historic carriage house. Located in a highly walkable neighborhood on the citys East Side, the property offers convenient access to coffee shops, Mississippi Market Co-Op, East 7th Street amenities, and the Payne-Arcade commercial district. Units feature spacious layouts with large living areas and private storage spaces for each tenant. Residents also enjoy shared green space, off-street parking for all tenants, and on-site coin-operated laundry. 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 operational efficiencies. Strong long-term upside potential in a distinctive historic asset with excellent neighborhood fundamentals.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $678,300
    Property Type: Commercial
    City: Saint Paul
    Garage Spaces: 2
    County: Ramsey
    Year Built: 1904
    State: MN
    Property Style: 2 Stories
    Zip Code: 55106
    Neighborhood/Area: 90
    Subdivision Name: Lyman Dayton Add

    Interior

    Bedrooms: 9
    Bathrooms: 5
    Ceiling Height: 8-10
    Flooring: Carpet, Tile, Vinyl, Wood
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Full
    • Owner Access
    • Partially Finished
    • Single Tenant Access
    • Storage Space
    • Storage/Locker

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 576 ft2
    Air Conditioning: None
    Foundation Size: 1,815 ft2
    Foundation Dimensions: 33x55
    Handicap Accessible: Doors 36"+, Hallways 42"+
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    • Radiator
    Parking Features:
    • Detached Garage
    • Gravel
    • Parking Lot
    Unit Amenities: None
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Brick
    • Concrete
    • Frame
    • Stone
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Flat
    • Pitched
    • Rubber

    Lot & Land

    Acres: 0.175
    Geolocation: 44.957219, -93.069981
    Inclusions: Building, Fixture/Equipment, Leases, Rental License
    Lot Dimensions: 70 x 122
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Farm

    Topography: High Ground, Sloped

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Tenant Expenses: Electricity, Gas, See Remarks

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $11,158
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $11,896

    Income

    Annual Gross Income: $72,768

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Residential
    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

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    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.