For Sale: West Saint Paul MLS# 6577842
Active
$725,000
Commercial: Apartments
Built 1961
0.06 acres
West St. Paul-Mendota Hts. schools
MLS# 6577842
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Property Description
This well-maintained 7-unit building offers all one-bedroom apartments with long-term tenants, reflecting its stable rental history. Conveniently situated near transportation options and parks, this property represents an excellent investment opportunity for those seeking a reliable income stream and a prime location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$725,000
Property Type:
Commercial
City:
West Saint Paul
County:
Dakota
Year Built:
1961
State:
MN
Property Style:
Apartments
Zip Code:
55118
Subdivision Name:
Jackson & Bidwells Add
Interior
Ceiling Height:
Less Than 8 Feet
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
Block
Exterior
Stories:
Two
Other Parking Spaces:
8
Air Conditioning:
Window Unit(s)
Foundation Size:
4,607 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
None
Shared Amenities:
None
Unit Amenities:
None
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.06
Geolocation:
44.916030042, -93.0751459729
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
50 x 150
Addl Parcels:
423800045081
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Farm
Topography:
Sloped
Schools
School District:
197
District Phone:
651-403-7002
Expenses
Annual Fuel Expense:
$3,415
Annual Insurance Expense:
$5,552
Annual Maintenance Expense:
$1,430
Annual Gross Expense:
$40,634
Annual Trash Expense:
$2,441
Annual Water/Sewer Expense:
$3,432
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,264
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,264
Income
Annual Gross Income:
$75,300
Rent
Annual Net Income:
$34,668
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
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.