For Sale: Saint Paul MLS# 7020477
Active
NEW!
$1,300,000
Commercial: Other
11 br • 9 ba • Built 1964
0.218 acres
MLS# 7020477
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Property Description
Well-maintained 9-unit apartment building featuring quality updates throughout. Each unit offers hard surface flooring, clean finishes, stainless steel appliances, and abundant natural light for a bright, modern feel. Tenants enjoy access to convenient shared laundry facilities. A mix of 1 and 2-bedroom units with efficient layouts make this a turn-key investment with excellent rental appeal. Less than 1 mile away from Allianz field in the Hamline-Midway neighborhood.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,300,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1964
State:
MN
Property Style:
Other
Zip Code:
55104
Neighborhood/Area:
93
Subdivision Name:
Forest Lawn Add To, St Pa
Interior
Bedrooms:
11
Bathrooms:
9
Ceiling Height:
8-10
Flooring:
Luxury Vinyl Plank, Tile
Refrigerators:
One Per Unit
Appliances Included:
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
Basement Details:
None
Exterior
Stories:
Three Or More
Garage Spaces:
0
Foundation Size:
2,623 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
- Parking Lot
- Paved Lot
Unit Amenities:
- Security Lights
- Tile Floors
Road Frontage:
City Street
Pool:
None
Roof Details:
Age Over 8 Years
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.218
Geolocation:
44.959529, -93.174394
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
64×41×64×41
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
Schools
School District:
2102
District Phone:
6517678100
Expenses
Tenant Expenses:
Broadband, Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$20,906
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$22,068
Income
Annual Gross Income:
$115,653
Rent
Annual Net Income:
$73,615
Units
Total Units:
9
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
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.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Kris Lindahl Real Estate.
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.