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For Sale:  South Saint Paul MLS# 7143218

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Active
$350,000
/mo Edit
Commercial:  Other
Built 1946
0.3 acres
South St. Paul schools
MLS# 7143218
763-576-8286
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    Property Description

    Rare investment opportunity with the same ownership for over 50 years! This five-unit property offers a desirable mix of units, including one efficiency, two 2-bedroom units, and two 1-bedroom units. Each unit has a separate electrical meter, and the washer and dryer are coin-operated. The property features five electrical panels and two boilers—one installed in 2003 and the other in 2019. Enjoy beautiful views overlooking the Mississippi River! Please see supplements for current rental income and utility information.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $350,000
    Property Type: Commercial
    City: South Saint Paul
    Garage Spaces: 4
    County: Dakota
    Year Built: 1946
    State: MN
    Property Style: Other
    Zip Code: 55075
    Subdivision Name: Eureka Imp Co Rearr A

    Interior

    Bedrooms: 0
    Bathrooms: 0
    Ceiling Height: Less Than 8 Feet
    Flooring: Carpet, Wood
    Refrigerators: Five
    Appliances Included:
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Range
    • Refrigerator
    • Washer

    Exterior

    Garage Spaces: 4
    Garage Size: 920 ft2
    Air Conditioning: Window Unit(s)
    Foundation Size: 3,182 ft2
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features:
    • Asphalt
    • Detached Garage
    • Electric
    • Garage Door Opener
    Unit Amenities:
    • Ceiling Fan(s)
    • Deck
    • Hardwood Floors
    • Kitchen Window
    • Multiple Phone Lines
    • Natural Woodwork
    • Patio
    • Security System
    • Tile Floors
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Paved Streets
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Shared Rooms: Other

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.3
    Geolocation: 44.900088, -93.041693
    Inclusions: Leases
    Lot Dimensions: 132 x 86 x 134 x 105
    Zoning: Business/Commercial
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Heavy

    Schools

    School District: 6
    District Phone: 6514579400

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,910
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,910

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer/Connected
    • Septic System Compliant - No
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.