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Active
$1,350,000
/mo Edit
Commercial:  Other
Built 1963
0.23 acres
MLS# 6826027
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    Property Description

    Fully leased building with stable long term tenants.6- 2 bedroom, 3-1 bedroom, 1- studio. Some units are enrolled in the St Paul 4(D) affordable housing program. New water heater is 2017.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Other
    Zip Code: 55117
    Neighborhood/Area: 97

    Interior

    Ceiling Height: 8-10
    Flooring: Wood
    Refrigerators: One Per Unit
    Appliances Included:
    • Dishwasher
    • Exhaust Fan
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Partially Finished

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 2,888 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features:
    • Asphalt
    • Open
    • Parking Lot
    • Unassigned
    Shared Amenities: Coin-op Laundry Owned
    Unit Amenities: Hardwood Floors
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material:
    • Brick
    • Stone
    Roof Details:
    • Age Over 8 Years
    • Tar/Gravel

    Lot & Land

    Acres: 0.23
    Geolocation: 44.9884149539, -93.1080552982
    Inclusions: Building
    Lot Dimensions: 83 x 123
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Schools

    School District: 2102
    District Phone: 6517678100

    Expenses

    Tenant Expenses: Cable TV, Electricity, Telephone

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,210
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $12,210

    Income

    Annual Gross Income: $114,880

    Rent

    Annual Net Income: $76,153

    Units

    Total Units: 10

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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