For Sale: Saint Paul MLS# 6559027
Active
$592,500
Commercial: Apartments
Built 1926
0.12 acres
St. Paul schools
MLS# 6559027
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Property Description
Step into a timeless blend of comfort and charm at this 5-unit property, a compelling investment opportunity dating back to 1925. The main and upper floors showcase expansive 850+ sq. feet two-bedroom apartments adorned with hardwood and LVT floorings. The lower level adds versatility with a one-bedroom apartment, storage spaces, and a common laundry area.
Experience the practicality of a spacious rear parking lot offering ample off-street parking spaces, creating an outstanding investment potential. This property assures both charm and a robust financial return. Conveniently positioned near shopping, music venues, Allianz Field, exquisite restaurants, highways, and public transportation, it effortlessly combines convenience and comfort.
Welcome to a residence that seamlessly fuses classic allure with modern practicality, providing an appealing investment prospect for those seeking both charm and financial gains.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$592,500
Property Type:
Commercial
City:
Saint Paul
County:
Ramsey
Year Built:
1926
State:
MN
Property Style:
Apartments
Zip Code:
55104
Neighborhood/Area:
Thomas-Dale (Frogtown)
Subdivision Name:
Thomas-Dale (Frogtown)
Interior
Ceiling Height:
Varied Heights
Ranges:
Five
Refrigerators:
Five
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Egress Window(s)
- Finished
- Storage/Locker
Exterior
Stories:
Two
Other Parking Spaces:
4
Air Conditioning:
None
Foundation Size:
1,742 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Asphalt
- Open
- Unassigned
Shared Amenities:
Other
Unit Amenities:
- Hardwood Floors
- Kitchen Window
- Main Floor Primary Bedroom
Road Frontage:
- City Street
- Curbs
- Sidewalks
Exterior Material:
- Brick/Stone
- Stucco
Lot & Land
Acres:
0.12
Geolocation:
44.959215, -93.146075
Inclusions:
Building
Lot Dimensions:
44 x 120
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$8,259
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,072
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water 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 Edina Realty, Inc..
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.