For Sale: Saint Paul MLS# 6625824
Active
$699,000
Commercial: Apartments
Built 1917
0.13 acres
St. Paul schools
MLS# 6625824
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Property Description
Cash-flowing investment opportunity!
This 7-units, fully rented property, Brand new roofing just changed and some update on sidings. On a corner lot is a solid performer. Coin-operate laundry is the lower level, shared storage lockers, and a spacious backyard add extra value for tenants. Plus, a bank of garages provides additional income potential.
This well-maintained building is a great opportunity for investors seeking long-term profitability. Buyers and Buyers agent to verify the measurements. Schedule your showing today. At least two units will be available for viewing within 24-hours notice. Gross Monthly Rent $6, 985!!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$699,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
1917
State:
MN
Property Style:
Apartments
Zip Code:
55106
Neighborhood/Area:
Payne-Phalen
Subdivision Name:
Nelsons Add
Exterior
Garage Spaces:
4
Other Parking Spaces:
4
Foundation Size:
6,267 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached
Exterior Material:
- Stucco
- Vinyl Siding
Lot & Land
Acres:
0.13
Geolocation:
44.970576, -93.061105
Inclusions:
Building
Lot Dimensions:
0
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Gross Expense:
$26,492
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$9,552
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,552
Income
Annual Gross Income:
$83,820
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
Mortgage Calculator
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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 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.