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Active
$1,400,000
/mo Edit
Commercial:  Other
Built 1964
0.22 acres
St. Paul schools
MLS# 6674540
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    Property Description

    Well-maintained 9-unit apartment building featuring quality updates throughout. Each unit offers hard surface flooring, clean finishes, stainless steel appliances, and abundant natural light for a bright, modern feel. Tenants enjoy access to convenient shared laundry facilities. A mix of 1 and 2-bedroom units with efficient layouts make this a turn-key investment with excellent rental appeal. Less than 1 mile away from Allianz field in the Hamline-Midway neighborhood.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Other
    Zip Code: 55104
    Neighborhood/Area: Hamline-Midway
    Subdivision Name: Forest Lawn Add To, St Pa

    Interior

    Ceiling Height: 8-10
    Ranges: One Per Unit
    Appliances Included:
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    Basement Details: None

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Other Parking Spaces: 12
    Foundation Size: 2,623 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    Parking Features:
    • Parking Garage
    • Paved
    Shared Amenities: Coin-op Laundry Owned
    Unit Amenities:
    • Security Lights
    • Tile Floors
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Age Over 8 Years

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.22
    Geolocation: 44.959529, -93.174394
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 64??41??64??41
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)

    Schools

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

    Expenses

    Annual Gross Expense: $51,353
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $21,291
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $21,654

    Income

    Annual Gross Income: $119,554

    Rent

    Annual Net Income: $68,201

    Units

    Total Units: 9

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Kris Lindahl Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.