For Sale: Saint Paul MLS# 6545345
Active Contingent
$1,999,000
Commercial: Apartment,Business,Low Rise,Other
Built 1894
0.61 acres
St. Paul schools
MLS# 6545345
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Property Description
Turnkey Queen Anne Victorian mansion in coveted Cathedral Hill district of historic Saint Paul— extensively restored and updated from top to bottom as the ASID Showcase Home in 2013 by the Twin Cities’ best interior designers!
This unique 9-BR 9-BA mansion is currently being used as a Bed & Breakfast and Single-Family home, featuring 5-ensuite bedrooms, 9 fireplaces, two balconies, turret with awe-inspiring views of the Cathedral, and remarkable historic woodwork and eclectic Queen Anne detailing throughout! This house has 3 kitchens: the main is a stunning high-end kitchen w/ Sub-Zero fridge, Capital range with commercial hood vent and warming racks, Miele appliances, and lifetime warrantied Cambria countertops. Commercial catering kitchen below has Viking range and NSF-rated appliances. Historic details thru-out: 9 fireplaces, 2 balconies, a turret and remarkable woodwork. A large Master Bedroom Suite w/ built-in bookcases and secretary. The master bathroom has carrara marble in classic herringbone design, huge jetted bathtub, walk-in shower with 4 shower heads and heated floors.
The 3rd floor can be split into a separate apartment with 4BRs, another kitchen, laundry room, and a spacious family room with sunrise views. A 5200sf midcentury addition, leased to a childcare center on a 5-year lease, generates a projected $117k for 2024.
Established on more than half acre, this estate is situated on two full and two partial city lots, traversing Dayton Ave thru to Marshall Ave, by way of the Carriage House on the property. Spacious fully fenced backyard with large back patio and outdoor fireplace, and custom-built chicken coop. This is a rare opportunity to own a part of history!
Situated in one of the most historically significant and esteemed neighborhoods of Saint Paul, the Frank P. Shepard & Anna McMillan mansion, is located across from Boyd Park and within walking distance of dozens of parks, restaurants, shops and markets on Selby and Grand Avenues, and just 3 blocks off charming Summit Avenue.
B&B business is NOT included in the listed price, but a purchase may be negotiated with sale and potential seller financing.
Listing
Listing Status:
Active Contingent
Contingency:
Other
List Price:
$1,999,000
Property Type:
Commercial
City:
Saint Paul
County:
Ramsey
Year Built:
1894
State:
MN
Property Style:
Apartment, Business, Low Rise, Other
Zip Code:
55102
Neighborhood/Area:
Summit-University
Subdivision Name:
Dayton & Irvines Add
Interior
Ceiling Height:
11-15
Ranges:
Four
Refrigerators:
Four
Appliances Included:
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Gas Water Heater
- Range
- Refrigerator
- Stainless Steel Appliances
- Wall Oven
- Washer
Basement Details:
- Block
- Brick/Mortar
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
- Partially Finished
- Shared Access
- Stone/Rock
- Unfinished
Exterior
Stories:
Three Or More
Other Parking Spaces:
12
Air Conditioning:
Central Air, Window Unit(s), Zoned
Foundation Size:
5,553 ft2
Handicap Accessible:
Doors 36"+, Accessible Elevator Installed, Grab Bars In Bathroom, Hallways 42"+, Partially Wheelchair, Roll Under Accessibility
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Fireplace(s)
- Forced Air
- Radiant Floor
- Radiator(s)
- Steam
- Zoned
Parking Features:
- Guest Parking
- Open
- Parking Lot
- Paved
Shared Amenities:
- Elevator(s)
- Fire Sprinkler System
- Security
Unit Amenities:
- Balcony
- Cable
- Hardwood Floors
- In-Ground Sprinkler
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Multiple Phone Lines
- Natural Woodwork
- Primary Bedroom Walk-In Closet
- Security Lights
- Security System
- Tile Floors
- Vaulted Ceiling(s)
- Walk-In Closet
- Walk-Up Attic
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
Brick/Stone
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.61
Geolocation:
44.9476776931, -93.1136591607
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Lot Dimensions:
124 x 167
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
- Corner Lot
- Irregular Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
$914
Annual Fuel Expense:
$18,512
Annual Insurance Expense:
$5,166
Annual Maintenance Expense:
$12,338
Annual Gross Expense:
$76,353
Annual Trash Expense:
$1,589
Annual Water/Sewer Expense:
$4,224
Tenant Expenses:
Insurance
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$29,969
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$31,094
Income
Annual Gross Income:
$243,716
Rent
Annual Net Income:
$167,363
Units
Total Units:
5
Miscellaneous
Current Use:
- Bed & Breakfast
- Commercial
- Event Space
- Other
- Residential
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Heating Separate
- Hot Water Common
- Hot Water Separate
Water System:
- City Water - In Street
- City Water/Connected
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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.
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!
Listing provided by RMLS,
courtesy of 325 Dayton 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.