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For Sale:  Saint Paul MLS# 7021296

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Active NEW!
$574,900
/mo Edit
Commercial:  2 Stories
3 br • 5 ba • Built 1930
0.12 acres
MLS# 7021296
763-576-8286
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    Property Description

    Charming and well maintained five unit building across the street from Saint Paul Academy and walking distance to Snelling Avenue and Saint Catherine's University. The roof on the house and garage have been replaced in the last 10 years and the windows were replaced almost 20 years ago. The property features three one bedroom units and two efficiencies. Units 1 and 3 just vacated and have historically rented very quickly. They were kept vacant so the new owner could set their own rent and find their own tenants. Units 2 and 5 are long term tenants on month to month leases. The property features coin operated laundry and four off street parking spaces. Units1, 3 and 4 are identical. Great opportunity in a prime location. Tenants pay cooking gas and electricity. Owner pays water, trash and heat.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $574,900
    Property Type: Commercial
    City: Saint Paul
    Garage Spaces: 1
    County: Ramsey
    Year Built: 1930
    State: MN
    Property Style: 2 Stories
    Zip Code: 55105
    Neighborhood/Area: 95

    Interior

    Bedrooms: 3
    Bathrooms: 5
    Refrigerators: Five
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details:
    • Daylight/Lookout Windows
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 1
    Foundation Size: 1,400 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features:
    • Attached Garage
    • Detached Garage
    • No Int Access to Dwelling
    • On-Street Parking Only
    Road Frontage: City Street

    Lot & Land

    Acres: 0.12
    Geolocation: 44.927297, -93.173541
    Inclusions: Building, Land, Leases, Rental License
    Lot Dimensions: Irregular
    Zoning: Business/Commercial

    Schools

    School District: 2102
    District Phone: 6517678100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $6,265
    Annual Maintenance Expense: None
    Annual Trash Expense: $3,262
    Annual Water/Sewer Expense: $1,599
    Tenant Expenses: Cable TV, Electricity, Gas, Telephone

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,228
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,228

    Income

    Annual Gross Income: $50,377

    Rent

    Annual Net Income: None

    Units

    Total Units: 5

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

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