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Active
$925,000
/mo Edit
Commercial:  Apartments
Built 1912
St. Paul schools
MLS# 6613967
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    Property Description

    This classic 6-Unit Apartment Building, located on the high-demand & walkable Grand Avenue, has an impressive 7, 707 SF of available space. Built in 1912, with building renovations in 1993, this building offers approximately four off-street parking stalls in back of building, plus a common area for tenants. The property is Zoned RM2 and is currently professionally managed. Located in an area that is very close to public transportation, area shopping, restaurants and professional businesses, this property is ready for an investor to expand their current portfolio. Apartment unit Square Footage ranges from ~ 430 to 1, 100 SF in size. Possible value-add opportunity to increase rents over time.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Apartments
    Zip Code: 55105
    Neighborhood/Area: Summit Hill

    Interior

    Ranges: Six or More
    Refrigerators: Six or More
    Basement Details: Full

    Exterior

    Other Parking Spaces: 0
    Foundation Size: 6,000 ft2
    Handicap Accessible: None
    Heating System: Steam
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • Hardwood Floors
    • Natural Woodwork
    Exterior Material: Brick/Stone
    Roof Details: Flat

    Lot & Land

    Geolocation: 44.9402501785, -93.1303475005
    Inclusions: Building
    Lot Dimensions: 6000 SQ FT
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Gross Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $14,253
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $14,253

    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
    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!

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