For Sale: Saint Paul MLS# 6728749
Active
$675,000
Commercial: Apartments
Built 1888
0.17 acres
St. Paul schools
MLS# 6728749
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Property Description
This historic 6-plex is located in the Summit/Cathedral Hill area of St. Paul. There are 4 one bedroom units and 2 studio units. These units are easy to lease, with several long-term renters that love the building and the location. All 6 units have hardwood floors and several have their original decorative non-functional fireplaces and bay windows that create interest and fun decor! There is a shared laundry room with coin-op machines in the basement and also room for each tenant to have a small storage space. The 3rd level has been vacant, but would make an excellent 7th unit! The 3rd level also has space for tenant storage. Bring your creative ideas, optimize the space and add to the cash flow. There is off-street parking in the back and a 3-car garage that could be leased for additional income
Listing
Listing Status:
Active
Contingency:
None
List Price:
$675,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
3
County:
Ramsey
Year Built:
1888
State:
MN
Property Style:
Apartments
Zip Code:
55102
Neighborhood/Area:
Summit Hill
Subdivision Name:
Terrace Park Add To, The C
Interior
Ranges:
Six or More
Refrigerators:
Six or More
Basement Details:
Storage Space
Exterior
Stories:
Three Or More
Garage Spaces:
3
Garage Door Width:
8
Other Parking Spaces:
4
Air Conditioning:
Window Unit(s)
Foundation Size:
1,928 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Detached
- Parking Lot
Exterior Material:
Stucco
Lot & Land
Acres:
0.17
Geolocation:
44.939138, -93.124558
Inclusions:
Building
Lot Dimensions:
50 x 150
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Insurance Expense:
$6,995
Annual Gross Expense:
$21,425
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$14,430
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,430
Income
Annual Gross Income:
$60,600
Rent
Annual Net Income:
$39,175
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Leader Real Estate Group, Inc..
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.