For Sale: Saint Paul MLS# 6723577
Active
NEW!
$825,000
Commercial: Apartments
Built 1924
0.22 acres
St. Paul schools
MLS# 6723577
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Property Description
Come see this charming 5-Unit Apartment building in Prime Mac-Groveland Location! This is a rare opportunity to own a well-maintained 5-unit building ideally located near Summit Avenue and Snelling Avenue—just steps from two major college campuses, picturesque walking and biking trails, historic mansions, and a vibrant mix of shops and restaurants. This classic brick building features beautiful wood floors, a shared back courtyard with a garden area, and timeless architectural character. A 4-car detached garage offers added convenience and value. Four of the five units have updated windows (replaced prior to 2001), and the roof was replaced in 2012. The building is fully rented, very clean, and shows pride of ownership. Whether you’re an investor or looking to add to your portfolio, this charming property in the heart of Mac-Groveland is a standout.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$825,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1924
State:
MN
Property Style:
Apartments
Zip Code:
55104
Neighborhood/Area:
Merriam Park/Lexington-Hamline
Subdivision Name:
Summit Ave Add To, The
Interior
Ranges:
Five
Refrigerators:
Five
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Storage Space
- Storage/Locker
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
2
Foundation Size:
2,331 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Detached
Shared Amenities:
- Coin-op Laundry Owned
- Common Garden
Unit Amenities:
- Hardwood Floors
- Kitchen Window
- Washer/Dryer Hookup
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.22
Geolocation:
44.943186, -93.162694
Inclusions:
Building, Leases
Lot Dimensions:
Irregular
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Electric Expense:
$2,986
Annual Fuel Expense:
$4,032
Annual Insurance Expense:
$6,125
Annual Gross Expense:
$28,764
Annual Trash Expense:
$727
Annual Water/Sewer Expense:
$2,096
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$16,830
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$16,830
Income
Annual Gross Income:
$83,700
Units
Total Units:
5
Miscellaneous
Current Use:
- Other
- 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 RE/MAX Advantage Plus.
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.