For Sale: Saint Paul MLS# 7115147
Active
$550,000
Commercial: 1 Story
7 br • 7 ba • Built 1959
0.253 acres
St. Paul schools
MLS# 7115147
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Property Description
7-unit apartment building in Saint Paul's Dayton's Bluff neighborhood — a half mile from Metropolitan State University and minutes to downtown Saint Paul. All 7 units are 1BR/1BA. Exterior painted in 2024, new roof & gutters in 2023 — the next owner's capital goes straight to unit updates and rent growth, not exterior capital expenses. Close to Payne Avenue's restaurants and bars, Indian Mounds Regional Park, Wakan Tipi/Bruce Vento Nature Sanctuary, and Swede Hollow Park. In the Dayton's Bluff Elementary/Farnsworth Aerospace school area. Rent roll and financials available on request.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1959
State:
MN
Property Style:
1 Story
Zip Code:
55106
Neighborhood/Area:
90
Subdivision Name:
Auditors Sub 69
Interior
Bedrooms:
7
Bathrooms:
7
Flooring:
Carpet, Luxury Vinyl Plank, Luxury Vinyl Tile, Vinyl, Wood
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
Block
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
2,080 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Open
- Parking Lot
- Paved Lot
Road Frontage:
City Street
Roof Details:
- Age 8 Years or Less
- Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.253
Geolocation:
44.959093, -93.065458
Inclusions:
Building, Land, Rental License
Lot Dimensions:
Irregular
Zoning:
Residential-Multi-Family
Lot Description:
Irregular Lot
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Electric Expense:
$2,010
Annual Fuel Expense:
$2,010
Annual Insurance Expense:
$8,233
Annual Trash Expense:
$4,140
Annual Water/Sewer Expense:
$2,400
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$11,521
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,046
Income
Annual Gross Income:
$64,800
Rent
Annual Net Income:
$30,300
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Hot Water Common
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.
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Listing provided by RMLS,
courtesy of Keller Williams Preferred Rlty.
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.