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Active NEW!
$1,050,000
/mo Edit
Commercial:  2 Stories
11 ba • Built 1969
0.31 acres
St. Paul schools
MLS# 7080535
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    Property Description

    Current owner would also be interested in leasing the units from new owner at market rate. Eleven-unit investment property (11 efficiency units) in a convenient St Paul location. Building includes a lower level laundry room (coin op washer/dryer) and a large parking lot at the side of the building. Tenants pay separate electric and gas utilities. The perfect addition to your commercial investment portfolio!

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55130
    Neighborhood/Area: 98
    Subdivision Name: Edmund Rices Fourth Add

    Interior

    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,591 ft2
    Foundation Dimensions: 43x37
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: Parking Lot

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.31
    Geolocation: 44.967559, -93.084615
    Inclusions: Building
    Lot Dimensions: 122 x 111 x 121 x 111
    Zoning: Residential-Multi-Family

    Schools

    School District: 625
    District Phone: 6517678100

    Expenses

    Tenant Expenses: Electricity, Gas, Heat

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $20,458
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $20,458

    Units

    Total Units: 11

    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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    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 National Realty Guild.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.