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Active
$1,400,000
/mo Edit
Commercial:  2 Stories
Built 1920
0.186 acres
St. Paul schools
MLS# 7099272
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    Property Description

    Immaculate Merriam Park 13 Unit Apartment. Updated, charming apartments located a few blocks North of Summit Avenue. This apartment building is close to Macalester College, yet tucked into a neighborhood with limited traffic. The building has been updated with carpets, paint, and lighting, while maintaining the character and charm of this vintage building. The apartments feature tile bathrooms, hardwood floors, and have a lot of character. The building has on-site laundry, large storage units, and an electronic buzzer entry system. A well kept classic building.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55104
    Neighborhood/Area: 96
    Subdivision Name: Schroeders Add To, The Circle

    Interior

    Ceiling Height: 8-10
    Flooring: Wood
    Refrigerators: One Per Unit
    Appliances Included:
    • Dishwasher
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Air Conditioning: Window Unit(s)
    Foundation Size: 6,000 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: Parking Lot
    Unit Amenities:
    • Ceiling Fan(s)
    • Hardwood Floors
    • Kitchen Window
    Exterior Material:
    • Block
    • Brick
    • Frame
    Roof Details: Age 8 Years or Less

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.186
    Geolocation: 44.944263, -93.17233
    Inclusions: Building, Land
    Lot Dimensions: 60 x 150
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 625
    District Phone: 6517678100

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $27,496
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $27,970

    Income

    Annual Gross Income: $196,347

    Rent

    Annual Net Income: $105,043

    Units

    Total Units: 13

    Miscellaneous

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

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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!

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