For Sale: Saint Paul MLS# 6730399
Active
NEW!
$1,475,000
Commercial: Apartments
Built 1963
0.28 acres
St. Paul schools
MLS# 6730399

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Property Description
Mid Century 12 unit building. Every unit has been updated in some respect. Fantastic tenants and a quiet, leafy location within touching distance of amenities, entertainment, transport and more. All the hard work has been done here, this building is primed to go to the next level.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,475,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1963
State:
MN
Property Style:
Apartments
Zip Code:
55104
Neighborhood/Area:
Hamline-Midway
Subdivision Name:
Midway Heights
Interior
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
None
Exterior
Stories:
Three Or More
Garage Spaces:
0
Garage Dimensions:
0
Other Parking Spaces:
12
Air Conditioning:
Wall Unit(s)
Foundation Size:
3,477 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Parking Lot
- Paved
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Flat
Lot & Land
Acres:
0.28
Geolocation:
44.963614, -93.179493
Inclusions:
Building
Lot Dimensions:
120 x 100
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
$4,000
Annual Electric Expense:
$2,000
Annual Fuel Expense:
$8,000
Annual Insurance Expense:
$12,000
Annual Gross Expense:
$37,500
Annual Trash Expense:
$2,500
Annual Water/Sewer Expense:
$4,000
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$29,042
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$29,042
Income
Annual Gross Income:
$158,000
Rent
Annual Net Income:
$120,500
Units
Total Units:
12
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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Listing provided by RMLS,
courtesy of Grand Realty, LLC.
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.