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For Sale:  Saint Paul MLS# 6533970

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Active
$899,900
/mo Edit
Commercial:  Apartment,Low Rise
Built 1964
0.16 acres
St. Paul schools
MLS# 6533970
763-576-8286
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    Property Description

    Updated centrally located Summit Hill 6-plex with nice units, including five 2BR's and one 1BR, one bath units with four units having balconies. In a nice St. Paul area just down the street from restaurants, shops and near Grand Ave/Summit Ave. Never a vacancy and fully rented with leases in place. Building updates include Full New Parking Lot, New LPSmart Siding-Soffit/Facia, New Security Door, "Owned" Wireless Credit Card Laundry Machines, Camera System, Efficient Tekmar Boiler Controller W/Mixing Valve, Lockout Thermostats and numerous upgrades of different levels in most all of the units and Kitchens. Rents are most likely below market, so there is potential in this turnkey building.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $899,900
    Property Type: Commercial
    City: Saint Paul
    County: Ramsey
    Year Built: 1964
    State: MN
    Property Style: Apartment, Low Rise
    Zip Code: 55104
    Neighborhood/Area: Merriam Park/Lexington-Hamline
    Subdivision Name: Anna E Ramsey Add

    Interior

    Ranges: Six or More
    Refrigerators: Six or More
    Appliances Included:
    • Dishwasher
    • Exhaust Fan
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Exterior

    Stories: Two
    Other Parking Spaces: 8
    Air Conditioning: Wall Unit(s)
    Foundation Size: 1,845 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Boiler
    Parking Features:
    • Asphalt
    • Concrete
    • Parking Lot
    Shared Amenities: Coin-op Laundry Owned
    Unit Amenities:
    • Balcony
    • Ceiling Fan(s)
    • Deck
    • Hardwood Floors
    • Security Lights
    • Security System
    Exterior Material: Engineered Wood
    Roof Details:
    • Age Over 8 Years
    • Tar/Gravel

    Lot & Land

    Acres: 0.16
    Geolocation: 44.946374, -93.151957
    Inclusions: Building, Fixture/Equipment, Land, Leases, Rental License
    Lot Dimensions: 123 x 75
    Zoning: Residential-Multi-Family

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $13,530
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $13,530

    Units

    Total Units: 6

    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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Rayder Realty Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.