For Sale: Saint Paul MLS# 7170976
Active
NEW!
$895,000
Commercial: Other
Built 1955
0.12 acres
St. Paul schools
MLS# 7170976
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Property Description
Solid construction, long-term tenants and a good location highlight this 10-unit apartment investment. Offered at $89, 500 per unit, the property combines an established rental presence with an attractive price point for investors seeking to expand their portfolio or acquire their first apartment building. The building’s masonry and brick exterior offers classic curb appeal, while its established tenant base is a central part of the investment story. Long-term occupancy reflects a property that tenants have chosen to call home, giving buyers an existing community to build upon. With ten apartments under one roof, this offering provides an opportunity to acquire a multifamily property with a manageable unit count and room for thoughtful improvements over time. Whether your focus is long-term ownership or growing an existing rental portfolio, this solid apartment building deserves a closer look. A compelling combination of location, established tenancy and pricing at $89, 500 per unit.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$895,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1955
State:
MN
Property Style:
Other
Zip Code:
55107
Neighborhood/Area:
104
Subdivision Name:
West St Paul Blks 100 Thru, 171
Exterior
Garage Spaces:
0
Foundation Size:
5,838 ft2
Handicap Accessible:
None
Heating System:
- Forced Air
- Hot Water
Parking Features:
None
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.926422, -93.088599
Inclusions:
Building
Lot Dimensions:
77 x 50 x 125 x 69
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
6517678100
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$14,079
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$15,428
Units
Total Units:
10
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Heating 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 RE/MAX Results.
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.