For Sale: Saint Paul MLS# 6597412
Active Contingent
$625,000
Commercial: Apartments
Built 1917
0.11 acres
St. Paul schools
MLS# 6597412
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
5-Unit Classic Brick Apartment in Prime Location!
Discover this rare opportunity to own a beautifully maintained vintage apartment just steps away from colleges, restaurants, and coffee shops.
Special Features include:
Vintage tub, Natural woodwork that adds character and warmth, French doors, Built-in buffet, Tall 10ft ceilings create an open, airy feel, Sunroom off the bedroom, ideal for relaxation or home office. Freshly painted and brick tuck pointed!
Shared amenities include fenced yard equipped with grill and fire pit, plus a community garden for gardening enthusiasts.
There is a convenient coined laundry facility and dedicated storage lockers for each unit.
This apartment has been well cared for and cherished by its owner, making it a delightful place to call home for the tenants.
Vintage charm, great long term tenants, prime location makes this the ultimate investment! Don't miss out on this gem!
Unit 1, 2, 3 - 1, 230
Unit 4 - 1, 095
Unit 5- 995 - 1 year lease expires 10/31/25
Long term tenants 2-8 Years. All on month to month except Unit 5.
Tenants pay electric, gas, and cable. Coined laundry earns roughly 100/month.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$625,000
Property Type:
Commercial
City:
Saint Paul
County:
Ramsey
Year Built:
1917
State:
MN
Property Style:
Apartments
Zip Code:
55104
Neighborhood/Area:
Merriam Park/Lexington-Hamline
Subdivision Name:
Varney & Mcmanigals, Rearran
Interior
Ceiling Height:
8-10
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Daylight/Lookout Windows
- Finished
- Full
- Owner Access
- Partially Finished
- Single Tenant Access
- Storage/Locker
Exterior
Stories:
Two
Other Parking Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
6,360 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Forced Air
- Radiator(s)
Parking Features:
On-Street Parking Only
Shared Amenities:
- Coin-op Laundry Owned
- Security
Unit Amenities:
- Ceiling Fan(s)
- French Doors
- Hardwood Floors
- Natural Woodwork
- Sun Room
- Tile Floors
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
- Age Over 8 Years
- Flat
Lot & Land
Acres:
0.11
Geolocation:
44.947915, -93.148836
Inclusions:
Building
Lot Dimensions:
20 x 120
Zoning:
Residential-Multi-Family
Lot Description:
- Irregular Lot
- Tree Coverage - Medium
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Electric Expense:
$3,503
Annual Insurance Expense:
$4,861
Annual Trash Expense:
$1,688
Annual Water/Sewer Expense:
$2,712
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$11,060
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$11,060
Income
Annual Gross Income:
$70,000
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- 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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 National Realty Guild.
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.