For Sale: Saint Paul MLS# 7133951
Active
$1,500,000
Commercial: Other
Built 1890
0.164 acres
St. Paul schools
MLS# 7133951
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Property Description
This stately 19-unit investment property is over 10, 500+ square feet with loads of charm and historic character. Originally built in 1890 as a side-by-side duplex it now offers nineteen one-bedroom and studio apartments. Three units are full one bedroom, one bathroom units. Sixteen of the units share 6 common area bathrooms. All the units have either a full-size kitchen or a kitchenette. The exterior is all brick and stone and features a newer roof. Tall ceiling heights and skylights!!
Located in one of the most sought after neighborhoods in Saint Paul, Minnesota. Cathedral Hill or Summit Hill is the cities most historic and charming neighborhoods! From its stunning architecture and beautiful real estate to its rich history and vibrant community, this area offers an unforgettable experience for residents and visitors alike. Breathtaking historic homes, iconic landmarks, and some of the best restaurants in the state—including local favorites like WA Frost, known for its incredible ambiance and elevated dining experience.
PROPERTY FACTS
Year Built: 1890
Units: 19 garden style apartments
Square Footage: Building total 10, 828 sqft
Zoning: Multiple-dwelling
Parking: 4 off-street parking spots
Exterior: All-brick and stone exterior
Heating: Two hot water boilers / caravan slant fin
Air Conditioning: Window air conditioners / tenants provide
Roof: A combination of newer pitched asphalt roofing and flat rubber roofing
Patios: The front offers two smaller patios for residents to enjoy
Laundry: Two sets of coin laundry machines / seller owned
Storage: Basement has plenty of extra storage areas
UNIT DESCRIPTION
16 - Studio with Kitchenette - Approx. 275+ Sqft. / Average rent $738.53
3 - One Bedroom, One Bath - Approx. 600+ Sqft / Average rent $1, 221.67
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,500,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1890
State:
MN
Property Style:
Other
Zip Code:
55102
Neighborhood/Area:
101
Subdivision Name:
Woodland Park Addition, To St
Interior
Ceiling Height:
11-15
Flooring:
Carpet, Tile, Vinyl, Wood
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
Full
Exterior
Stories:
Three Or More
Garage Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
3,600 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
Parking Lot
Road Frontage:
City Street
Exterior Material:
- Brick
- Stone
Roof Details:
- Age 8 Years or Less
- Asphalt
- Flat
- Pitched
- Rubber
Rooms
Shared Rooms:
Other
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.164
Geolocation:
44.944614, -93.116976
Inclusions:
Building, Land, Leases, Rental License
Lot Dimensions:
50 x 144
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Farm
Topography:
Hilly
Schools
School District:
625
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
$9,439
Annual Electric Expense:
$1,500
Annual Fuel Expense:
$8,000
Annual Insurance Expense:
$12,000
Annual Maintenance Expense:
$6,000
Annual Trash Expense:
$3,000
Annual Water/Sewer Expense:
$9,000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$24,446
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$24,446
Income
Annual Gross Income:
$188,785
Rent
Annual Net Income:
$102,950
Units
Total Units:
19
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- 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!
Listing provided by RMLS,
courtesy of Apartment Cash Flow, 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.