For Sale: Saint Paul MLS# 7078165
Active
$765,000
Commercial: Other
11 br • 6 ba • Built 1964
0.138 acres
St. Paul schools
MLS# 7078165
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Property Description
Six-unit brick apartment building on Saint Paul's West Side, renovated in 2022 and in solid shape. Roof replaced October 2013, siding and gutters replaced August 2014. Every unit was updated in 2022 — LVP flooring, refreshed kitchens with new cabinets and counters, and renovated bathrooms throughout. The building and units have electronic keypad entrys and camera coverage at the front door, parking lot, and laundry room. Six off-street parking spaces and laundry is included in rent. Unit mix is one 1-bed/1-bath and five 2-bed/1-bath units. Five units are currently occupied; Unit 1 is held vacant for showings. Metro Transit bus stop right at the corner. Downtown Saint Paul is minutes away. The West Side is a tight-knit, established neighborhood with easy access to I-35E and the river bluffs. A clean, stabilized asset with a 2022 renovation already behind it.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$765,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1964
State:
MN
Property Style:
Other
Zip Code:
55107
Neighborhood/Area:
104
Subdivision Name:
Dawsons Add
Interior
Bedrooms:
11
Bathrooms:
6
Ceiling Height:
8-10
Flooring:
Carpet, Luxury Vinyl Plank
Refrigerators:
One Per Unit
Appliances Included:
- Exhaust Fan
- Range
- Refrigerator
Exterior
Stories:
Three Or More
Garage Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
1,800 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Asphalt
- Open
- Parking Lot
- Paved Lot
- Unassigned
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Pool:
None
Roof Details:
- Asphalt
- Pitched
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.138
Geolocation:
44.931187, -93.097397
Inclusions:
Building, Land
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Electric Expense:
$2,815
Annual Fuel Expense:
$2,815
Annual Insurance Expense:
$7,371
Annual Maintenance Expense:
$600
Annual Trash Expense:
$3,304
Annual Water/Sewer Expense:
$2,300
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,992
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$10,992
Income
Annual Gross Income:
$99,840
Rent
Annual Net Income:
$67,179
Units
Total Units:
6
Miscellaneous
Current Use:
Commercial
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!
Listing provided by RMLS,
courtesy of Century 21 Atwood.
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.